Sign up today. The following is a presentation of TFNN. The Trader's Edge with Steve Rhodes.<PHONE_NUMBER>. Or internationally at<PHONE_NUMBER>. The Trader's Edge. Now Steve Rhodes. Good afternoon folks. Welcome to the April 29th, the wonderful Wednesday edition of today's Trader's Edge show. I'm your host, Steve B. Perseverance. Rhodes who absolutely knows that each of us should always be pioneers of our future versus prisoners of our past. Well, everyone out there is having a great day. Hey, let's make sure we have an extraordinary one. And the easiest way to do that is to always remember that life is happening for us. Not to us. That's right. When you and I make that one little two by four shift, it means we can find the gift. And every set of circumstance, that life is going to toss at us. Now today, you and I, we're going to go check on the circumstance of these markets. We're going to go figure out what those bulls and bears, what those buyers and sellers are communicating to you and I just passed one o'clock in the afternoon. I want you to know that I'm absolutely grateful for your presence here, but much more important than that. During this next 16 minutes, I'm here to serve you. So feel free to pick up that phone. You can dial on in at 877-927-664 or if you can't dial in, we've got you covered there too. Let those fingers do the walking. Go ahead, send me an email Steve at tfn.com. Inside the subject heading, please put radio show question in our Tiger's Den. Well, any ping will do. So let's go ahead and get this show started on wonderful Wednesday. Of course, this is Tiger Financial News Network. I'm Steve Rhodes. Welcome to the show right now. We've got the Dow. Let me get the screen out here. There we go. We've got all the indices in the green out here. The Dow is up by 639 points. That's two and seven tenths percent to the upside. 24, 741 is the print. The S&P is up 3 percent. The NDX 100 up three and three tenths percent. The Russell up five and a half percent out there. So there's winners across the board. Spot volatility index is off two bucks trading out at 3155. Gold's off $9. Silver is up one penny. Light's we cruise up $3.43. That is a nearly a 28 percent move to the upside. Natural gas pulling back a bit. And Treasury bonds basically flat out there. Let's go to our first caller. It's Brent in Martinez, California. Brent, thanks for calling. Thanks for holding. How are you today? Oh, I'm doing just fine, Steve. I hope you're doing well. I am. I am. Thanks so much. So U.S. Steel is on your mind, I believe. Yeah, we were talking about today and of course the clock was kind of running down and then I guess lost the connection. I mean, I got definitely and you were getting into it pretty thoroughly. I just wanted to try to complete what we're talking about. Absolutely. Absolutely. So let's go back to U.S. Steel folks. Let's get it up on the screen out here. We take a look at U.S. Steel right now trading out at 815. It is above the top of its daily profile. So that's bullish. It's in between its weekly profile. Now the next target level of resistance for you, Brent, is going to be 988. And take a look at the weekly time frame chart. Now we'll come back and take a look at the daily. There was a level on the daily chart that price needed to close above or move above. And that's under attack today. That would give you a price and close above this next level that I'll give you. That brings that 988 into play on that weekly time frame. The level on the daily that you're looking at is $7.99. We're trading at 814. At 799, folks, that is where price most recently broke down. That would, in essence, be if this were a countertrend rally where that should find resistance. So you'll want to watch obviously the end-of-day close out here. But any close above 799 says that what U.S. Steel should do is head up towards that resistance level of the weekly time frame, the top of that profile. I don't remember the number off the top of my head. If price can get above that Brent, then on the daily time frame, its next break down area is 1107. There's no topping patterns that are in play right now. We take a look at the daily time frame, just resistance, $7.99. As I take a look at the weekly time frame chart out here, it's got the profile level that we took a look at, $9.88. And above that, if price were to get above that, you've got a different level on the daily. On the weekly, the break down level would be $13.96. So in essence, that's what I see when I take a look at it. There's nothing here on the monthly, the monthly would tell you this. The monthly would say, if this is going to run out of steam, it's going to be at its red line. It's currently priced at 10.09, but that number is going to change as price moves upward down out here. But right now, everything looks good, and I just would continue to pay attention to $7.99 out there. Price to be able to close above that, then you know you've broken, you've got in essence a changing trend signal on US Steel. Yeah, the only potential snap through, they've got their earnings are coming up on Thursday after the bell. So that was one of the things I was kind of looking at. I think I just don't know about, you know, you can put a stop and doesn't mean it's going to, it could easily open the next day and just pass it by and stuff. Yes, it can. You know, most certainly coming up with an A to B equal CD pattern on this one is pretty tough to do because there really hasn't been much of a retracement out there. I mean, if I were going to draw something in, it would be probably this one here, my A point looks like March 16th might have been the low and then I'd probably use the high out here from April 9th and then just a few day pullback very shallow retracement into the yellow on April 15th. Well, it was a 36% retracement and the B point out here that I've used in the April 9th and that did about 20 million shares and as price was passing through that, well today you're at eight and a half million. That's interesting. So you do have light volume as it's taking out. What I would use as a B point of an A to B equal CD but, you know, if price can close above 799, you stick with it. You say that earnings might be tomorrow on Thursday? Is that what you said? They're after the market closes, I believe, yeah. Yeah. Well, you'd feel better if it had big volume behind it, but I mean the chart looks good. The chart looks good. Yeah, it's kind of one of those. It's a little, you know, mixed bag. I mean it looks positive at this point if that can continue. And again, I've been watching some of these earnings. I don't do a lot of fundamental stuff, but it seems to be that I think a lot of the, you know, negativity has been factored in. And so you just don't know how they're going to react. I've seen earnings are not that hot in the stock, seem to still be doing okay. I'm not, I'm not sure that's as big a concern as it might be, you know, under regular circumstances. So I'll keep an eye on it. I guess the main thing I wanted to have you take a look at, and I touched on some of those levels I need to be watching, and yet today we're above that one. Now, do you, on that 799, are you looking for a second day above that, or do you kind of... You'd like to see that. Yeah, you certainly would like to see a second day above that just to confirm that it's a real breakout above a key level of resistance out there. But there was a couple days ago Brent, when it gave you a nice bullish message. And that was when price was able to close above the top of its daily bearer structure profile. And that was on April 27th. And then you closed above it. Yesterday, obviously, you've got a third close above that. So that is also another area where if it's going to struggle, that 7.01 level should have been at. In fact, if let's just say that US Steel offers very disappointing news, however shareholders respond to whatever it is that they would say, the likely area of support on this, I would say would be about the $6.72 level. And that's the center of that bullish or bearer structured profile that price was able to get above. So I would say that would be your downside. I'm not saying that's where it's headed. That would likely be the downside area for it. Okay, all right. Thank you very much. Steve, I hear the music just again. Thank you very much. Have a great day. You bet. Thanks for calling. This is California. And that was US Steel. Ticker symbol X. Steve Rhodes with TF and N. We'll be right back. If you're not currently using the Taz Profile Scanner when looking at setting up your trading opportunities, then your arsenal is short a mighty weapon. The Taz Profile Scanner is a standalone piece of software that instantly filters over 2,500 global financial markets such as stocks, ETFs, commodity futures, and forex. Heated by Steve Dahl, Taz understands that in today's technological world, the use of top flight software applications and technical analysis expertise is essential to successful trading in today's market. You also gain access to the webinar that Steve Dahl and Tom O'Brien just hosted, the best way to use the Taz Profile Scanner to profit. This webinar archive is available for all subscribers immediately upon signing up. All new subscriptions also come with a 30-day money-back guarantee so you have nothing to risk. 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Before you make one of the biggest decisions of your financial future, call Tiger Real Estate LLC today at<PHONE_NUMBER> or email us at Tiger at TFNN.com that's<PHONE_NUMBER>. Call us today. TFNN is launching an open house for our Tiger's Den. For a limited time you can get a 30-day free trial to the Tiger's Den. Just enter promo code open at checkout and pay nothing for 30 days while you try out your Tiger's Den membership as part of the open house. With market volatility at an all time high and people all over the world working from home if possible, TFNN is hosting an open house in our Tiger's Den. The Tiger's Den is an interactive chat room that runs all day where other Tigers and Tigresses discuss trading ideas with the hosts and members along with charts and current market news as well as live access to the charts the hosts use during their programs. Join us for the Tiger's Den open house. Begin your Den membership today by just entering open at checkout and pay nothing while you try things out for 30 days. For all the details and to start your Den membership today, visit the front page of TFNN.com. Don't miss out on the TFNN Tiger's Den open house taking place now. Sign up today. All now toll free at 1-877-927-6648 internationally at<PHONE_NUMBER>. That was up 650 S&P is 87. Let's go out to Denver and speak with Ron. Ron, thanks for calling. Thanks for holding. How are you this morning? Great, Steve. Beautiful weather out here. It's finally got about 40 calls on ET and they expire May 8th. And I just wondered...  You would look at it and repeat that. How would I... I really couldn't hear anything. Is this resistance or should I say this is getting through and filling the gap? Okay, so ET is a ticker symbol that you're asking about. I think your question is... I've called it five, five and a half and six. Is that said again? I owned about 40 calls on five. Okay. So, I mean you've identified the area where this might struggle. And that is going to be that gap. And that's going to be the 859 area. The stock chart itself looks pretty good. So, what does Stevie mean by that? Let's come over here and take a look at the... And so, folks, first of all, that figure that I used, let me just come back in and take a look at that. This is where the stock had gap to the downside. So, the first level of resistance on March the night, this thing moves lower with 105 million shares basically. And right now, it's got 24 million shares as it's trading up into that area. So, it's not moving into that area with volume. And it may find... So, think about it like this, folks. Put your mindset... Right, this is about the ability to take the other side of the trade. So, put your mindset, there were 104 million shares where those shares that were purchased, folks thought that that was a good value. And that was between the price area of $7, $6.34 to $8.59. And how were they thinking on March 18th when price got down to $3.75? About a 50% hit. So, a lot of those traders, very possible, I did that little prayer deal with God where they said, please, if you just give me back some or all of my capital, I'll be happy to just exit. And so that really is, in essence, what you are potentially up against, Ron. And so that $8.59. I don't have a clue as to whether or not price will get through there, but let's go back to now the stock chart. I just wanted to explain to folks why I had shown that $8.59 area. When we look at the stock chart itself, it formed a real nice bottom, a little hammer bottom that was on bar number nine of a TD-9 count. So that's a nice thing. We don't see any kind of topping signal right now. Today will be bar number seven. You do know that this bar is eight, nine, or the bar following nine on that TD-9 count where you can't identify a top. So as price gets into that gap area, you could also be seeing a TD-9 count pattern on the daily timeframe. On the weekly timeframe, this also made a TD-9 count bottom out here. And price is right now above the top of its weekly profile. So that's good, which is at 744. And it's above Stevie's red line, which is good. And that just tells you it's going to deal with that gap. But these are nice bottoming signals out here. And, you know, it's going to make an attempt run to get through that gap. But can it? I don't know. If it can, then the target would be 1359. But I don't know if that'll make that target, even if they get through the gap. By the time your calls would expire out there. But so far, so good, you know, when I take a look at the chart patterns, but both you and I and everybody else who might also be in call positions recognize that that 859 area, you know, could be it, so to speak. Or at least where you start to begin to see a pullback. Okay. Well, fundamentally, it goes next Wednesday, and it's a big dividend, around 32 cents for the quarter. Okay. And I don't know if some institutions will buy it to get that dividend. I think they will. We'll find out. Well, you're above nice resistance levels on the daily and the weekly about to head into another one, which is about 53 cents away from our screen right now. I'm going to take some out there from that ring. Thank you very, very much. Appreciate that. You bet. Thanks so much for calling. That was Ron. Yep. Yep. That was Ron in Denver. Tarpen 2 and the Tigers down, let's take a look at ticker symbol CACC. So let's go pull that up. And CACC is Credit Acceptance Corp. Used to be the old GMAC. And right now today, Tarpen, this is trading above the top of its bearer structure daily profile. So this is day one above that bearer structure because at 281.15, it's closer in proximity to the top where the sellers were at or are at 30465, but they've gotten run over today versus the bottom, which is support. We can see that support level was tested and held back on the trading day of April 22nd. Remember yesterday we talked about having these TAS market profiles as being a competitive advantage because it just assists us with understanding the game. This is a game of understanding where buyers and sellers are at. That, in essence, was what Ron was asking. And we were able to use that gap to the downside to identify where sellers may also be hanging out. But if I turn off these profiles, I'll do that right now and we're just looking at price, we're just naked. I'd just be guessing or I'd be giving you, yeah, maybe I would use some other technical prowess and tools and so forth out here, but it's just so much easier to just trade by the numbers. And that's when we turned those profiles on. Now we're trading by the numbers and we've just added a competitive advantage to understanding what the market is communicating to you and I. When you can take out resistance, it's kind of like, you know, if you're working out, you're playing golf, you're playing tennis, and you're just trying to get to the next level. Well, today, Credit Acceptance Corp on its daily timeframe got to the next level. Assuming that it can close above 304.65. So now we come back and just from a profile standpoint, take a look at where's the next profile. Well, that's going to be the weekly. And the weekly tells us what? This tells us that where Credit Acceptance Corp should run into resistance is going to be 348.54. So, Tarpon, if you, I think you're saying you're short, if you're short, based on the profile charts, we don't see it. Right? I don't know if you're short or not. I might be reading into it or you're asking, maybe is it a short or something? And my answer would be, at least looking at these charts, no, the first ones where it might be a short would be in the 348 level at the top of that weekly profile. Now, let's go take a look at Stevie's other charts and tools out here just to get a feel for if there's any other patterns that we might want to take a look at to consider for some type of top. I don't see it here. I don't have it on the daily timeframe. So we don't have it there. Let's take a look at the weekly timeframe. And again, we're just looking for topping signals. And the topping signal, if you were looking to do that, you'd want to see price close back below Stevie's red line on the weekly timeframe. That's 319.50. If it closes back below that, well, then it's telling you, okay, a key level of resistance is held. So this will be on Friday where this number will be important. Because if you see a close above it on Friday, then chances are it wants to go and hit that 348.54 level, the top of that weekly profile. I'm going to take a quick peek here at the monthly. I don't think there's anything out here on the monthly that's going to assist us. There isn't. So I hope that that helps y'all with regard to G, I put in C, CACC, CACC, Credit Acceptance Corp. I hope that helps y'all with regard to what its intentions are, which looks to me like a move to the 348.54 level. Let's see here, a couple of questions that have come in. First one coming in from Johnny D. And my apology, my phone has not grabbed my email for some reason. So if my sound is going out a little bit, it's because I have to turn my head over towards my laptop on another computer to read it. So Johnny writes, with the news on Gilead's drug and the S&P possibly targeting the 3028 area. Oh, I tell you what, we've got to read that question. We'll come back to this break. I'm certain you are or strive to be one of the best of the best at everything you do in life. It's the most common trade that we tigers and tigers share. If you're looking at become the best of the best when it comes to managing your money, let me teach you to do what most wealth managers tell you can't be done, which is how to time the markets. I'm Steve Rhodes, author of Mastering Probability. For the last 12 months, Timer Digest has been tracking my newsletter signals, which have earned me the ranking as their number one market timer in the nation for the S&P 500 for the last 12, 6, and 3 months. Timer Digest also ranks me as the number one market timer for gold as well. The fact is, markets can be timed. And I'll teach you the exact set of tools that I use that has transformed me into one of the best at what I do. Sign up for Mastering Probability today by clicking on the newsletter tab on the home page of TFNN.com and get immediate access to workshops where I take you step by step how to use an extraordinary set of tools as well as provide great market calls too. Sign up today. 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And right now we're offering licenses available at only $79 a month. We are so confident that you're going to love this new charting software that will even give you a 30-day unconditional money-back guarantee. Don't miss out on this incredible new piece of software. Get your copy of The Art of Timing the Trade Charts today by visiting TFNN.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of TFNN.com. Thank you, folks. So now it's up 603 S&P 82 points. Let's go back to the question that came in here from Johnny. So Johnny, what are we doing here? Johnny wrote in with the news of Gilead Drug in the S&P possibly targeting the 3028 area, are you still convinced that this is a counter-trend rally and that the S&P will break the lows of March 23rd? And Scott writes, and I see Scott writes and he says, hey, that call of moving back to the lows is a little shaky out there. So actually, I like that. The answer is yes. I don't have any reason to, I would have to absolutely ignore history.  We've got to remember what we're looking at. So let's, let me just go back to the S&P out here. And so let's just, let's just be again, let's just take a look at the numbers out here. The key level, the next key level inside the S&P 500, the cash indices, this is much like what Brent and I were looking at and we were just taking a look at US Steel. It's going to be 298593. And we're trading at about 2945 right now. Now 298593, that is the S&P's breakdown level. The, I don't know where the, let me see here, the A to B equals CD side of this pattern, we'll start with the low out here on March 23rd. It looks like the B point on the S&P cash is March 31st and looks like the C point was the low here of April 1st. And so the 30, the 3028 area, I come up with 3019 as being an A to B equals CD to the upside the next price projection. That's the 1.272. But we do know that you've got resistance at 298593. If there were to be a bearish reversal candle, then what we would have here is we would then end up having a Gartley cell pattern. At this moment, we don't have that. So we're just simply going to have to watch the 298593 level. So that's in the S&P 500. I'm going to switch over and take a look at the Dow, which is really the big dog out here. It's a trophy horse for international. So what has the Dow done so far? Well, if we take a look at the Dow, particularly from a trend line standpoint, is you can draw this on your own S&P chart or your Dow chart out here. You can draw it on each of them. But what I'm done here, I've created a trend line coming off of the lows from 2016. And then my next connection out here, this is the shorter term trend line from December the 1st. And what we can see inside the Dow is price just made it right back. This would be the ideal counter trend rally area inside the Dow. But inside the Dow, right now, we'll just come back at the Dow out here. So hopefully I've answered your question, Johnny. I have different price targets than you. I'm going to suggest that you're going to watch at $29.85, $93 level. If price can close above that, just like in US deal, then price should go on to the next level. The next level here, price projection-wise, is $30.19. And above that would be $31.74. Now let's go ahead and pull up the chart for the Dow itself. And let's see if this also had a breakdown level. So this does. This also has a TD-9 count breakdown level. And that's at $25.994.38. The Dow would have to get above that, Johnny. The Dow would have to get above that, Scott, to suggest that, hey, maybe this is something different. Maybe this is something different than a counter trend rally out here. If we take a look at the A to B equal CD, so I'm going to draw this in here for the Dow. And what we're going to see is that price still hasn't hit the 1 to 1 A to B equal CD price target. Now what this is communicating to me, what this is communicating to us is that the trophy horse inside the market, and this is super important, this is gigantic important. Remember yesterday, I said, look, one of the most important things. I'd gotten some emails from folks and there's, you know, hey, what should I learn first, this, that, or the other thing. And as I said to you, the most important thing that we need to do is be able to look at both sides of the trade out there. So that's it. That was number one. Number two, and maybe this is really number one. I don't know which one is first out here, but they are both substantially important. And that is, what I see everybody doing, when I say everybody, not you guys that are gals that are listening or what have you, you know, the news media, the boob tube group out there, but I see everybody doing, and this is, this is the, this is the gigantic mistake that people make is we think only in terms of ourself, pretty stuck up, huh? Only in terms of ourself. What does TV mean by that? We must think this is a global marketplace out here. And we're also dealing with now is a global problem. It's not that the health problem is the minimal issue out there. That thing has gotten so far overblown. I mean, well, I won't go into it. I could, but I've studied it really well, and I have a lot of insights of that trade out there. There's the economic piece of this puzzle that hasn't even begun because the health piece of it just keeps consuming so much time out there, but with regard to the Dow, this is the big money. These are the big money players out here. And what we haven't even gotten to yet inside the Dow is even the one to one, A to B equals CD to the upside. Don't be the S and P represents basically US centric out here. The Nasdaq, the Russell two thousand it don't take this the wrong way but really kind of the retail marketplace I'm not saying that they don't make up holdings inside you know your portfolio or if you're managing portfolios for others out there that that but I just in in general if we can kind of break the break the these into those categories out there in the most important category being what is going on globally out here and in the case of the Dow. You can see it hasn't even made the one to one this is telling you about the lack of confidence. About the lack of confidence with that big ball of capital that floats around the globe out here. Now the breakout level. Inside of the Dow Jones or the break down levels really what I should say is at twenty five nine ninety four price would have to close above that. To say that maybe there's something else that that you know what that the markets are just simply going to ignore. All of the past historical. Stuff what is that stuff out there well first you know what if you take a look at let me just do this let me pull over this little slide here. Here's the Dow going back to nineteen twenty nine. Nineteen twenty nine low- you'll see the A to B equal CD pattern. And I would have to say that people were saying the same things they were thinking the same things that maybe maybe the worst was over. And that that Jesus was not going to be any type of countertrend rally here you can see the one to one the Dow basically back in nineteen twenty nine was a nineteen thirty April of nineteen thirty and this is a weekly chart that we're taking a look at when it generated its Gartley sell pattern out there and it did it just like the way that I've taught each of you how to do this and selling the deep pointer Gartley patterns in the importance of bullish and bearish reversal candles here you can see the bearish reversal candle that confirmed that pattern out there. And of course once it created that was the Gartley sell here's what you can see. Is that that just simply went ahead and we saw prices move lower into nineteen thirty two. And what was taking place in nineteen thirty two was a was the G. D. P. low during that time period the G. D. P. low did not come in nineteen twenty nine it did not come in nineteen thirty it did not come in nineteen thirty one it occurred in nineteen thirty two what transpired today well we had our G. D. P. went from positive to down to minus four point eight percent that was for the first quarter. You think that maybe the second quarter or third quarter or fourth quarter might have a lower G. D. P. than what we just saw. I think the answer is yes. Steve wrote to T. F. and M. will be right back. You're in the C. 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page by going to tfnn dot com and click the newsletters button near the top of the page tfnn dot com educating investors biotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade l a b u or l a b d directions daily s and p biotech three times bull and bear etfs visit direction investments dot com slash biotech today an investor should consider the investment objectives risks charges and expenses of the direction shares carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at eight six six four seven six seven five two three the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principle the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services LLC don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn dot com and hit watch tiger tv that's tfnn dot com then hit watch tiger tv for the latest market information let's go to our next question out here this one coming in from Hector and the fuel injectors Hector and Patty and Hector says that since we are coming to the close of the month can you please can you please give us your thoughts on the a to b equal CD on the monthly time frame I use the twelve eighteen as a point and two twenty is a b point and three twenty twenty as a c point so let me just come back out here let's try to draw in what Hector is doing so for the a point you're using twelve twenty eighteen so as your a point twelve okay I see what you're using and for your b point you're using the c point using three twenty yeah so that's three twenty eighteen okay I so I guess here's what here's the a to b equal CD that you're drawing in here so as what it looks like to me so the a point back here December of twenty eighteen your b point you're using as you as a high from February is that right yeah so you're using out here as that high and then your retracement down here into the other side can go with that that that that's fine the March low out here the problem is so and that would give you a one to one price projection three seventy two fifty four and four twenty four seventy three for the one one point two seven two out there however you've got to exceed the b point three sixteen thirty two in order for this pattern and I think you know that Hector in order for this pattern to come through fruition so let's get off of the monthly time frame chart now monthly just to take a feel this thing when it made a let's deal with some resistance from back here in October of twenty eighteen three hundred twenty four million shares right now today you're at two hundred sixty eight million shares and when price was moving up here was at two hundred ninety six million shares so it's kind of got some light volume that would stick out at me at this stage of the game here Hector let's come back and take a look at the daily time frame because there's need to be equal CD pattern that maybe it's a little easier for us to take a look at this has a one one price projection at three thirty three eleven now the B point on this so the A point would be March eighteen the B point would be a March thirty first in the C point down here would be April third that gives you that one one price projection at three thirty one now when the B point was passed that was a trading day of March thirty first the B point twenty three million shares price has not that's going to be this little red line down to my volume area on the screen we can see that we haven't seen that kind of volume is price got above that Tom's going to be doing a workshop tomorrow I don't want to give away too much of it but this potential A to B equal CD pattern here he'd call that the tiger well I can't call it a tiger garly but this could end up being a tiger butterfly pattern if it in fact makes its way up there now from a trading standpoint the swing point on this Hector on a daily basis February twentieth and that had twenty million shares in there and it's been tested a couple different times light volume April twenty seven twelve million shares yesterday eleven million shares today's going to be about eleven million share a day this is struggling just to get into a S to try to take on this little resistance area this little swing point and it's doing it with light volume and it's also being rejected by the top of that profile so before I'd be really focused in on the monthly time frame I'd really be watching what's going on on the daily time frame now with regard to Nvidia we know that it's running into resistance at prior highs out there doing with less volume always says be careful now be careful in this case here's this price may pull back to about the two eighty two level you would not want to see it close below two eighty two two eighty two is the bottom of a bullish structured profile a close below that would say okay there's some other issues going on inside of the Nvidia so I'm going to come back to the daily time frame out here by other tools and do I have any other topping signals in the answers I don't I don't have anything steve's green line is at two eighty nine sixty one so here's what I just want to know you're coming into resistance we're seeing it play out real time out here I just keep a make sure you keep a stop in place as far as the average true range on Nvidia on a daily basis it's running at about fourteen dollars and thirty cents so that means that you would use a stop or you could use a stop that would be fourteen thirty times some Fibonacci expansion level that would either be one point two seven two or the one point six one eight so I think you've got the right swing points selected for your A to B equal CD on the monthly time frame but I think you've got to deal with what's going on in the daily time frame and forget about that little bigger picture at this stage of the game hope that helps you out next question here coming in from John John writes in hey Steve I'm looking to buy UPS so let's get that fired up on our screen out here UPS and let's go back to John's question and John goes on to say I was looking to enter a twenty percent position on the downgrade it's not acting well considering the market is on a tear this is why I'm looking to accumulate some things have a great day and be safe so thank you John same same to you so the position when you say twenty percent position I don't know what that necessarily means but here's what I would like to share with you with regard to UPS when you do take that trade whatever trade that might be by the way if you're looking to get in the UPS right now from a market profile standpoint I'm not saying to do it okay but if you were then today would be a day to consider because prices pulled back to the bottom of its daily profile and it is held so far and that's ninety five thirty two now we're going to go do more investigative work here but the first and most important thing is when you do enter your position what I'd really like you to do I'd like you to figure out John what your free trading capital is I'm just going to use ten thousand dollars so you can use ten thousand dollar increments and on that ten thousand dollars you're only going to put it risk one percent on ten thousand that's a hundred bucks now what that really means is you're going to take that hundred dollars and you're going to figure out what your stop is in the case of UPS the average true range is basically four dollars it's three dollars and ninety cents to be exact out here you would multiply that times one point two seven or one point six one eight I would suggest the latter we're in a volatile marketplace you want to have a wider stop so let's just say that four times one point six one is six bucks out there you take your hundred dollars you divide it by six and that is how many shares you would buy out there so it's something less than twenty I'm just going to throw a twenty is the number and then you'd multiply twenty times whatever your purchase price is let's say it's about a hundred bucks so now you're looking at two grand now two grand out of the ten thousand if that's your twenty percent number because that would be your exposure to UPS okay I get it I can dig it because then you're using proper position sizing however when I do my proper position sizing for an individual stock it's different for an individual stock with regard to the exposure versus an ETF or a sector I should say so a sector ETF versus the indices and general rules would be you wouldn't want to put more exposure of your total portfolio meaning ten percent of an individual stock in it so this would have represented that's just that little thing that we just went through that process position sizing which is if I were to say a third thing that's important out there it would be understanding position sizing it would be understanding the risk reward it would be it would be like for example let's say you ran the produce department you just you get this job first day you don't know anything about produce but dear you know the manager's got a lot of confidence and trust in you and put you in charge of running the produce department yet you have no idea how the tomatoes move through there for that area or how the other fruit and if you just start ordering nilly will you're going to have a lot of product that you're throwing out position sizing is really important on individual stock don't consider ten percent to be the maximum exposure you would have out there sectors inside the S&P maybe that's around 30% and the indices probably 40-50% out there we'll be right back there's a daily market overview with regard to the direction of the key indices selective stocks and commodities along with specific recommendations including stops and targets you also gain instant access to Basil's subscriber webinar archive from earlier this year a dark cloud cover and essential market analysis ride the Chapman wave today by signing up for the opening call newsletter on the front page of TFNN.com under the newsletter tab new subscribers get a 30-day money back guarantee so you have nothing to risk sign up today gold market has taken off top side in a large way in 2020 if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report took profits in four of its equities in the gold portfolio in the first week of January for a combined profit of 99.2% with two positions left in the portfolio that have a profit of 67.5% as of January 7th the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets new subscribers get a 30-day money back guarantee so you have nothing to lose every Monday morning I publish the gold report with coverage of gold silver bonds the XAU, HUI, GDX as well as more than 30 different mining equities to see for yourself the types of profitable trades that are recommended within the gold report sign up now by visiting TFNN.com don't miss out on the next great gold trade sign up today you know what's cool taking something that's good for you something specifically formulated to help with weight loss, better sleep, stress reduction and the need to detox. Nicar hunter and gatherer ancestors found all their nutritional requirements for health in their wild environment but today our food sources no longer contain the vitamins, minerals and nutrients our bodies need to stay healthy and strong. That's why we need primal edge daily nutrition. It includes a special blend of ionic, soil based vitamins, minerals, baddie and amino acids in an easy to use liquid form. Primal edge is powered by highly concentrated folic and humic acids. Nature's preferred delivery system. They have been called miracle molecules because like sunlight, air and water, life cannot exist without them. That's right Paige, they ensure we receive all the nutrition we need to be healthy and thrive. We take it every morning. Primal edge, formulated and approved by Nico and Paige of living a primal lifestyle. Buy it today for just $89. Click on the primal edge banner on the front page of TFNN.com This is David White.  So Rich, I'm going to ask you, I'm sorry John, I'm going to ask you to hold off on UPS. This made a TD9 Count Top on its daily pattern back here on April 17th. You can see Stevie's red line and turned green back on April 23rd. And as that was turning from red to green, price was on that line and yesterday's pullback should not have closed below that level. So 9242 is near you're going to want to watch, but I would be careful. I would just, I would remain patient out here and maybe get back to me in the next couple of days. Let's go out to Oregon and speak with Rich. Rich, thanks for calling. Thanks for holding. How are you? Good. Thanks for taking that call, Steve. You bet. We've got about a minute and 15 seconds. I was looking at AMD only because it's one of the top holdings in the SOXX. Okay. And AMD didn't have exactly positive forward guidance, and I know the market is looking forward always. Is the SOXX based on what I'm seeing in AMD and you were even talking about NVIDIA, are they getting ready to top out or are they just going to keep going up? So in the case of AMD, and I can stick with this here, I would have just enough time to do that out here. If AMD closes today below 54-22, and then tomorrow below 54-22, what it is signaling to you is that it's going to pull back to 44-06. Now this is how we derive that. What we can see is that this when it made its most recent high out here, it did it on the bar following bar number nine, so it created a TD-9 count top. And now price is trading below the bottom of its bullish structured profile. A second day below that will tell you that that is a real breakdown to the downside. And price would pull back to where it had most recently broke out. And that's the 44-06 level. So that's what AMD is doing, Rich. We're out of time here. You'll have to, at this stage here, kind of make the correlation whether the sacks are going to follow what AMD is doing, but watch tomorrow you might have a better idea in the case of AMD. Okay, my friend? All right. Thanks very much, Steve. Have a good afternoon. You bet. Thanks for calling. Folks, thanks so much for being here. Stay tuned. You've got two more great hours coming up. You've got your favorite polar bear, David White. He's up next. Tom O'Brien to take us home from three to four. Thanks so much for being here. Thanks for the calls, the emails, folks, and have a terrific, wonderful Wednesday.


The National Center for Atmospheric Research has a laboratory that studies the sun. Like all stars, our sun gets its power from nuclear fusion in the core. It converts hydrogen to helium, and all stars get their power that way. But the sun is also a magnet. So when you look at the sun in white light, you can sometimes see dark areas on the surface. Those are sunspots, and their region is a very intense magnetic field. The field is so strong that it's blocking the heat coming from below. So it makes the region cooler, and that's why they appear dark. The outer atmosphere of the sun is known as the corona. It's extremely hot. It has a temperature of over a million degrees Kelvin. And that's compared to the surface of the sun that has a temperature of about 5,800 degrees. And we're really interested in the corona, since most solar activity takes place in the corona. Most of the energy in the corona resides in the sun's magnetic field. It works with gravity to hold down the extremely hot gas that is the corona, which wants to expand outward. Now sometimes the magnetic field fails, and the gas explodes out into the solar system in what's called a coronal mass ejection, or CME. These clouds of hot gas and magnetic field can travel through space and hit the earth. They can transfer a lot of their energy to the earth's magnetic field, causing beautiful auroras, but they can also damage satellites, endanger astronauts, disrupt GPS, communication, and power grids. So the solar magnetic field really matters, because it's what powers solar activity, and its direction when it gets near the earth is what's going to determine whether or not the storms here are really big. We have to study the corona as well as make good high quality observations of the sun, and we want to be at very high altitudes with dry conditions to get the best observations. The summit of Mauna Loa in Hawaii is just right. Built in 1965, the Mauna Loa Solar Observatory is situated on a lava field at 11,200 feet. We're really proud of the new instruments that we have at Mauna Loa and the advances they're helping us to make, and we share all of our observations with the world from the Mauna Loa website. Next you're going to hear from Alice Leshinsky about a new exciting instrument that's going in on another volcano in Hawaii at Haleakala. We are helping to build another instrument, de-kissed. It stands for the Daniel K. Inouye Solar Telescope, and it's named after a longtime senator from Hawaii who is so helpful at supporting the scientists and getting support for this instrument. The telescope will study the magnetic field of the sun in exquisite detail, and it's going to do it from the summit of Haleakala, which is aptly named House of the Sun. This telescope is big, really big. The mirror is four meters, that's 13 feet. It's the biggest solar telescope in history. NCAR's High Altitude Observatory is creating an instrument for de-kissed called the VISP, or Visual Spectra Polarimeter. It's going to look at the spectra of the sun, which is the different wavelengths. This spectra gives us incredibly detailed information about the sun's magnetic field, and this will be able to simultaneously measure those fields at three different heights simultaneously, and that's the important thing. This, with greater understanding, we really hope to predict and then be able to protect our satellites, astronauts, and our electrical power grids. That's a lot of really hot science right now.


Good day film investors. This is the picture as I'm filming this video before the markets open on Thursday. So Wednesday picture doesn't look nice. Five day change minus 5.45% which is a huge drop and we are in negative territory year to date. One month change 9.02% the worst month for stock since 2009 and the worst decline for the NASDAQ since 2011. Okay and that's the drama that's the things you will hear all around headlines but let's put aside the drama and let's talk about real things. We're going to talk about what's the smart money doing in this environment, what is now a two-way market, what's volatility and what's the market cycle, what's going on and what are the real forces driving it and I'm going to tell you that this is actually normal for stocks and what you should focus on. Let's start with what the smart money is doing. What you'll mostly hear online especially on YouTube by the deep, by the stocks the economy is perfect everything is great and that's exactly what retail investors hear and that's exactly what they have been doing during 2018 and they were very happy about the dips they bought in January, the dips they bought in April until yesterday. So if you look at the chart retail investors are pouring money in the market hedge funds institutionally and investors are pulling money out of the market. So we have retail against institutional and that's big indication of smart money versus weak hands. What happens when the retail weak hands start selling institutionals will not buying because they will know the retail is saying and then you have a big stock market crash just a risk. This is another beautiful chart from Bloomberg and it shows how the brokerage cash levels from retail investors actually decline as markets increase. So the more markets increase the more people put money in stocks they are not selling they are putting more and more money in stocks. So that's very interesting how things work and how retail investors work when panic hits when hysteria hits these cash balances will go up but that will be after capitulation of those by the deep messages and this is something very important to think you think that as a retail investor as a youtube watcher you don't have big influence look at this who owns the ETF market the largest owners of ETFs are retail investors followed by investment advisors who again advise retail investors and only then we have private banking wealth managers and hedge funds pension funds own very little of ETFs. So that's another danger when those retail investors start to have shaky hands if markets start really crashing then that those will panic because they have never seen something like this they have never seen a market cycle and this is because of this normal investing hasn't been around for about 10 years which means that people haven't seen a crash people haven't seen volatility people haven't seen anything that is absolutely normal the effective federal funds rate was at 0 for what is this six seven years still below 1% for eight nine years so money was practically free there was no interest on it so value of assets like stocks real estate practically goes to infinity with zero cost of money however that has been changing lately the Fed has been tightening and suddenly you have another option to invest in which affects its institutionals retail investors still don't get it so institutions know okay i can invest somewhere else and i can put my money somewhere else this optionality gives the market more volatility because now you can choose you can sell you can buy you can have other options which increases the volatility and this is the VIX index and you can see how we have had seven years or pretty low volatility non-natural volatility 2005 which was three years 1990s also three four years when things are calm but the natural state of the market is much higher volatility double what it is now which is normal for what has been happening last week so accept volatility understand volatility this is what the market is normally this is not something special this is normal normality the last seven years have been something crazy something extreme and something that we might not see in the next 10 15 20 years so accept that why is volatility increasing because now we have options this is the us five year treasury yield you can see how it was practically flat for four years and then somewhere in october november 2017 it started spiking when the treasury yield started spiking and now it is at 3 percent for five years so that's a three percent yield 50 percent higher than the 2 percent yield of on stocks sap 500 since then january 2018 we have started to have some volatility you remember the january dip the april dip and then things calmed a little bit but now we see again a crash so understand that investors now have optionality especially institutional investors retail investors don't believe that optionality yet but it will come to them with the leg especially if stocks crash and then we will see shaky hands in retail investors so that's something to be very careful about because as we have seen ETFs and retail investors are a big big part of the market and ETFs trading was about 40 percent of the market which is huge so retail investors are really huge in the market plus there is no more catalyst really 2018 expected growth earnings due to taxes 20 percent however 2019 the growth is already lower if we see energy oil prices decline then we will see a decline in earnings growth perhaps even a decline in total earnings just to give you an example of what to do higher rates do caterpillar laid part of the cycle higher interest rates difficult to sell the equipment less investment and this is what happens even if just a few months ago everything looked so wonderful for this stock what to expect expect higher volatility year to date we have had volatility so when volatility starts to kick in when investment optionality starts to kick in people start seeing other options be in uncertainty increases and we simply will have even more volatility so I wouldn't be surprised to have even more of such ups and downs in the next year two years so live with it it's finally something normal that has come to the markets volatility is normal and it is actually the friend of the value unlevered investor further please subscribe hit that notification bell because tomorrow I'll discuss what to expect from a fundamental perspective from the market and then you will see how to behave in relation to your personal preferences and the final message is always the same focus on the fundamentals focus on the businesses you own and keep adding keep focusing keep buying great assets diversified across the world that will lead you to great returns over the next five ten fifteen years all this is noise all that we have mentioned here is noise it's macro it is irrelevant to your long long-term returns if you do the smart things and focus on the individual great businesses that make your great portfolio over time if you built a great portfolio with great assets you have nothing to worry no matter what thank you for watching thank you for listening subscribe check what I do in life in the link below with my stock market research platform to get some ideas on how to diversify and what can be bought what can be added to your portfolio see you tomorrow in the next video


That's part of my imagination here on Think Tech Hawaii. I'd love to use my radio voice all the way through this episode, but that would wear me out. I'm excited about my time today with my favorite peacenick and new wingman, Kristine Ahn, to talk about peace in Korea. This is one of those strange parts of life where I should have met somebody long ago because we're so focused on a couple of things, one, peace in Korea and two, the involvement of women in security matters, what I call women in peace and security, and that was my top priority, but we didn't meet until about two months ago. Kristine Ahn, welcome to Big Men's The Power of Imagination, my personal webcast. Aloha, thank you, Dan, for having me.  Folks, just go Google Kristine Ahn, A-H-N, not like I misspelled it earlier today, A-H-N, and women cross DMZ, and you'll see she's the executive director, she's done remarkable things, led 30 women across the DMZ, we're gonna talk more about that. Upcoming soon on PBS, there'll be a film called Crossings. I've gotten the chance to preview it because I know Kristine.  I think you're a force of nature, Dan. So we have that in common, that mutual admiration, and we have the same goal, but we come at it differently. So tell me a little about, even though I know the answer, the viewers don't, about your roots in being part of a big family, an immigrant family, so please share that with the audience if you don't mind. Absolutely. So I am the youngest of 10 children. We, I was born in Seoul, Korea, in South Korea, I'm actually from a family of nine girls and one boy, and actually my mother, please, not in a Korean patriarchal family, he's the prince, but my mother actually for 13 children and three died because after the Korean War, it was, there was so much poverty, it was really a difficult time for South Koreans, I mean Koreans throughout the whole peninsula. And so we immigrated to the US, my eldest sister actually married an American officer, military officer, I think he was an engineer. I don't know if he was serving, you know, at USFK, but I know that he was somehow involved with the military, as an engineer. And there's a funny story about my oldest sister who ended up becoming a very successful businesswoman in the US, but she, I guess when Pan Am first came to South Korea, they selected two stewardesses or flight attendants and she was one of the two that they selected because she could speak English, she was pretty, she was tall enough, not like me, but she turned it down because she said that she wanted to do more and that becoming a flight attendant was not going to be able to catapult her in doing the big vision that she had. And so she said, I'm marrying an American and I'm going to the United States. So that's basically our family story to immigrating here. But you were the youngest and- I am the youngest, yes.   There is no doubt about that, not a bad thing, but. I have been an activist my whole life and I think it's my family's experience even though I think the immigrant experience my parents were born in the 1920s, my mom was born in 1929. And so if you know the history of Korea and what happened in the last century, yeah, she was born in a colonized Korea under Japanese occupation and lived a very impoverished life and very difficult life. Can I insert, please, and say that something that everybody who cares about Northeast Asia matters, if you think you're a student, you can't understand where we are now if you don't appreciate the harshness of the Japanese occupation of South Korea. Or the Korean Peninsula, yes. Yeah, you're right, the Korean Peninsula. You can't appreciate where we are now unless you look back honestly at that and that's not an indictment of the Japanese but it's a harsh history, really harsh history. Yeah, thanks so much, Dan. Yeah, so that's the Korea that my parents grew up. They couldn't speak Korean, they had to take Japanese names and then there was the war and then the life actually under dictatorship in South Korea. And so when they came here, they didn't speak English, they didn't really have formal education and so it was a challenging childhood, I have to say but they did the best that they could with the limited needs and I think that developed for me a deep sense of empathy for people and the kind of gross inequality that we see in this country. Yeah, so it began in this world. Thank you. But yeah, so that began my journey in sort of working for social justice and then it really wasn't until I was a graduate student at Georgetown. I believe you might have connected with Peter Hayes. He's the energy expert from Australia who won the MacArthur Genius Award for his work, Building the Windmills in North Korea and I connected with him and moved from Washington, DC to Berkeley where I worked with the Nautilus Institute. Where my daughter went to university, by the way. Oh, so she has some peace-knit groups in her too. I don't know, she was an Air Force officer who served in Iraq and Afghanistan and cut her in Gitmo, so she's a good human being but a different background. Yeah, exactly. So yes, that's my introduction to Korea and I just felt that once I started to learn that history that is not taught in this country, I felt this responsibility as a US citizen of Korean descent to help bring closure to this war. This war that has not yet ended. So where are we connected? Because I come at it differently from two tourists in Korea and 33 years in the military and facing a North Korean threat that was absolutely legitimate and a North Korean government that's done some really bad stuff. But knowing, I've gotten to this part where I think we absolutely have to make peace and recognize that it's more about peace between peoples than governments. And then we have to put people first and then get this done. But you've got strength, Fred. How did you come to that position as somebody that was the deputy commander of Pacific Command that served as the colonel of US forces Korea for five years? How, I mean, when you first sent the email to me, I could not believe it and then I did my own little Googling and then I actually wrote to Ann Wright to say, should I meet this guy? Is this guy for real? Is this legit? And she wrote, she called me right back and she said, Christine, this is no joke. He is for real. And then we quickly both proceeded to read your excellent paper that received the award from the Oslo peace process. Let me tout that. That would be an urgently practical approach to the Korean Peninsula. An Oslo forum, peace rate of prize winning paper. Yeah, I couldn't believe it. So how did you arrive at this position? It didn't start as a colonel or a general. It started as a lieutenant and going to Korea in 1978. And that was a very different hard scrabble. Lots of dirt roads, very few privately owned cars place but harsh existence. It was a harsh existence for South Koreans. It was not an easy existence for the American military. And I was there when Park Jung-hee was murdered and went through all that turmoil. There are many threads that connect me to Korea that I can't explain that just kind of happened but I built a sense of the place and an affection for the people in the culture that I wouldn't have expected. And then another thing happened, I read a book. Weird, right? For a fighter pilot, I actually read a book that I read the book, Nothing to Envy Ordinary Life in North Korea by Barbara Demek. And having seen the miracle that evolved in South Korea that was not easily accomplished in any manner, I just got this seed of what it's like to be a North Korean average citizen in my brain and a sense of tragedy that haunts me. I mean, it just haunts me. So I'd like to fix it, I can't fix it myself. And as I said during our initial discussion, I've been banging at the moon by myself for years and then I met you. And because you have the credibility of decades, almost I think, of activism on this matter, when you and I connected, you got me into in contact with the New York Times. And I was able to publish my, I have to throw in front page, thought piece in the New York Times, but that's because of your connection. So back at you, Christine, how did you get so credible? And I'm not asking you to brag, I'm asking you to explain because you have unique credibility on this matter, on peace in Korea. You've written a lot, you're interviewed a lot. You have connections in the media. You have a political standing. You've earned awards. Google folks, Christine on, how did that happen? How did you get such cash aid? I don't know if it's cash aid, Dan, but I have been at it for a really long time. I am a tourist. I feel very persistent and dogged in my determination. I am like you. I feel like once you see something that must be fixed that could impact millions of people, I'm gonna do what I can. And I would say that having visited North Korea during in 2004 was my first trip to North Korea, where that was during the axis of evil. And I think the Korean American community was very concerned that North Korea was potentially the next target for regime change. I have visited North Korea actually eight times. I've traveled pretty extensively throughout the country to cooperative farms, to really remote places. And I've seen the real hardship that the North Korean people endure. So I'm with you in terms of why does this have to be the case and what can we do to improve the situation? But I've also been to South Korea and this is maybe where you and I may be diverged in our understanding, but having, I would say one of the most formative experiences for me was in 2006 when I traveled to South Korea to Pyeongtaek, which is, as you know, the world's largest military base. It's the size of maybe three central parts. And as part of the US realignment on the Korean Peninsula, as the two Koreas were in their sunshine policy, there was a dramatic expansion of camp Humphreys. And I could see the impact of that on ordinary people, on the farmers, the elderly rice farmers who had cultivated that land for three generations. And they fought, they fought nonviolently to prevent that expansion. And so I could just see the ways in which the ongoing war, the unresolved war had continued to lead to more militarization of the Korean Peninsula and that led to such unnecessary suffering, not just of the North Korean people, but so many hundreds of thousands of Korean families that still remain divided, including Korean American families. And so I just, I feel that my experiences of going on the ground, having studied obviously US, South Korea and South Korea, I just, I can't close my eyes and I feel that there is another way forward than the way that the US has dealt with this issue. So the expansion of Young Tech was part of the move to relocate the headquarters from Yongsan. So the residents of Yongsan in metropolitan Seoul may have a different view than the farmers in Yongsan. Young Tech just south of Hotsan, where I spent two years as a young lieutenant captain. So let me ask quite a difficult prickly question that maybe can't be answered, but whose fault is this? Whose fault is this? Is this North Korea, South Korea, the US's that were still in this place? Or does the blame matter? Whose fault is this in your mind? I would say it doesn't matter. I would say that the more we dwell on that question, the more we are not getting to problem solving. And I think that we all have all three parties are to blame. There have been well documented instances of the US reneging, North Korea reneging. And I think the bottom line is we need a new approach. And I think some of the points that you laid out in your paper with the Oslo Forum is exactly what needs to happen. I think the points that you make in the New York Times op-ed about the need to have a genuine reconciliation process, that we can work on such difficult issues, such as, and maybe they're not so difficult. And I'd love to hear your perspective as a high ranking military, former high ranking military officer about something that would benefit everybody, which is some kind of military to military diplomacy, because there is none. And right now the US has depended on Sweden as it's liaison with the North Koreans. And I think the point that I found really interesting is that of the countries that participated in the UN command, all but the US and France have normalized relations with the DBRK. And so what are we doing? What are we waiting for? Why isn't it in American interest to bring an end to this war? Well, I think it is. I just don't think it's been the highest interest. As you and I have discussed, the preeminent goal during the first 40 years of the Armistice was containment in a Cold War sense. And the Cold War was real. It really did exist. And it really was a standoff between Soviet Union and everybody who might be affiliated with it and the West, US NATO. And so trying to keep a lid on the war that hadn't ended, that was the old. After the demise of the Soviet Union, it got more complicated and it shifted to denuclearization. Or rather, I should say, to stopping nuclear advancement. All of the other issues were viewed as ancillary. The human rights in the South, human rights in the North, the eventual starvation in North Korea, the provocations that there's a long list of 350 plus incidents from 1960 on. So with all of that on the table, the making of peace never became the priority. It should be. And I do think that military to military communication is part of it. I think, as I said in my article, and I've said on figments before, we get it, ending the war is really important. But the military to military communication is essential in a real sense, not in a transformational sense, not in a transactional sense. And one of my best friends in the world is formerly North Vietnamese, now Vietnamese fighter pilot, retired three stars, shot down six of our airplanes during the war, including a guy I flew a force with who some later worked for me. So there's this threat of humanity that goes through it. But the first time I met in the induct swap, when we were both three stars on active duty, my boss forced our admiral acknowledged his distinguished combat record when we greeted him at Camp Smith. And Swat said through his interpreter, thanks, but I'm here to talk about the future, not the past. That we can do both by talking about the past, by sharing our perspectives, honestly, as military men and women, we can move to the future. And if we don't do that, that is part of the solution. I agree. It's part of the humanity to it, because war can be fundamentally inhumane, but if the experience of combat doesn't make you more human, then that's a problem. So let me ask you, there's so much I wanna talk about and over the next five or 10 years when we're solving this problem together, there's so much I wanna ask you about, but do you think that rapid reunification is part of the solution? We haven't, I haven't asked you that before. So how do you feel about reunifying North Korea and South Korea in a rapid manner? Is that possible? Is it advisable? What's the dealio? My take is that the two Koreas are so different and that 70 years of being not just living separately, but they haven't even peacefully coexisted. And so to assume a rapid reintegration and reunification is not realistic. And I think ultimately in 2000, when Kim Dae-jung, the former president of South Korea and Kim Jong-il, Kim Jong-un's father, signed the June 15th declaration. They said, we will begin the process of reunification and there are three core components of that. One is the economic integration, which they set up based on using South Korean capital and North Korean labor where they built that joint economic zone, which sadly today is no longer in existence, but the economic integration, the family reunions and civil society engagement. And I think during that decade of sunshine policy, over a million South Koreans actually visited North Korea. I mean, yes, it was often in very contained environments such as Mount Gunggwang, like a tourist site. But that's still meeting and that's still interacting. And unfortunately, we have progressed so far backwards and not just in terms of South and North Korea, but also on the US side. I mean, unfortunately, well, yes, the last three years of the pandemic, North Korea has definitely sealed off its borders, but even preceding that in 2017, when we did the DMZ crossing, I didn't need to get permission from the US government to go to North Korea. We could go as we had to get the visa from the North Koreans, but now because Trump put in a travel ban on Americans in the wake of Otto Warmbier's death, it's really difficult. And people like you and I, Dan, we need to be able to go to North Korea to meet the North Korean people, to meet with such committees like the, for me, the Overseas Korean committees, but also the National Peace Committee of Korea, the Democratic Women's Union of North Korea. There's so many points where we actually just need to meet them and to hear their perspective.  We weren't in North Korea more than five days, but even the opportunities, Gloria Steinem, having frank discussions with her counterpart, me having very intense debates with my quote, unquote, minder, when would you have that opportunity otherwise? It's so important to have the people-to-people connection. And I can be angry about Otto Warmbier's death and still think that we have to interact with North Korea. The two are not exclusive. I mean, we can still protest and regret and everything else about the young man's death and recognize that there's a higher calling here and the higher calling involves millions of lives. The millions of lives affected by ordinary life in North Korea, that Barbara Demak wrote about, and the potentially millions and millions of lives affected by the possible threat of nuclear war in North Korea. So we're going to run out of time long before I'm done, so maybe you'll come back and join me, Christine, but watching crossings, and I hope when it makes it to PBS soon that all of you will watch it. It's a powerful piece in a variety of ways. First of all, as I mentioned to you earlier, I was really impressed with Gloria Steinem about whom I knew almost nothing because I didn't need her to tell me to respect the role of women in society and in life and all that. So I'd never paid attention. Remarkable life. Don't have to agree with much or anything or everything. So folks do a little research and learn about a remarkable human, but okay, how can I say this? It's a pedophile.  Sorry, I have to say you, I mean, when I watched that, but you kept a purposeful endeavor on track by leading people, well, what do you say to that? Thank you, it'd be fine, but how did you do that? Was it your sense of purpose or? I just, I think that when you bring together seasoned women who understand the need to build consensus to hear each other out, but much easier there's less ego involved. It wasn't easy, but I think my being the youngest of 10 kids and having nine girls in my family, I got on the ground training. And so I think somehow allowing everybody to express their wishes and hopes and desires, but just remembering, why are we here? Why are we doing this? And what we do is not just for ourselves, but it's for the Korean people. It's for American people. It's for world peace. And I would, I'd suggest that big families as a veteran of one of those build life skills. And I don't know how you, they do. We have got zero seconds left, but we're gonna go over just a bit. So I can ask you to answer two questions then give you time for one question for me. What did you learn from your interaction in your visits to North Korea with, I'll say average North Koreans, not the government. I would say that they have curiosity about the rest of the world and that they are just like you and me. They have the same hopes and wishes to raise their children and live a life of dignity. They're like human beings. So I was gonna ask about the government in North Korea, but Ash, our erstwhile engineer is saying we got a hard stuff. So what would you ask me before we go? Cause we're gonna do this again, and we're gonna work together and make a difference is unindicted co-conspirators. One more question over to you. What would you ask? Well, I mean, Dan, I'm curious having served in the US military, having represented the US Pacific command.   No, you have all this cachet. Three star general, but it's like, how do you drill into the minds of somebody like Ed Case who represents us and I think Hawaiians and people in Hawaii feel the most urgency of the need to get to peace with North Korea given the false missile alert and how that so freaks us out. Ed Case being our congressman. Yeah, so he's a great guy. Yeah, so what will it take? I mean, how do you prevent somebody like that? It takes boiling it down to the most simple basic questions and those are, are you for or against nuclear war? I'm against it. I've yet to find somebody would say they're for it and North Korea is the most dangerous case. Are you for or against the unnecessary suffering of millions of North Koreans? I'm against it. Haven't heard anybody say, oh, that's great. And when you get to that, now you figure out what's the way to do that? Is to get a peace treaty and this then start everything else. And it is that simple and it's hard work but it's not as hard as nuclear war and it's not as hard as being in North Korea right now. So let's get after it. Let's not make, let's stop making excuses or putting it off to Frank as we don't have time. And I am sure that Ash wants us to wrap up the great folks here at ThinkDec Hawaii make it this possible. Christine, I'll see you again soon in many ways and we'll work together and fix it as I said. Folks, please remember that ThinkDec Hawaii is an awesome nonprofit that enables citizen journalists like me to try to make a difference in our own way. Mahalo and Aloha. Thank you so much for watching ThinkDec Hawaii. If you like what we do, please like us and click the subscribe button on YouTube and the follow button on Vimeo. You can also follow us on Facebook, Instagram and LinkedIn and donate to us at ThinkDecHawaii.com. Mahalo.


There have been scenes of panic at Kabul Airport as desperate presidents try to flee. This is following the seizure of the Afghan capital by the Taliban. U.S. Army says soldiers shot two armed men while three people are reportedly dead. This was after falling from the underside of the plane that were clinging on to shortly after takeoff. All flights have now stopped as soldiers try to clear the runways. The United States and other countries are rushing to evacuate staff and allies. On Sunday, the Taliban declared victory after Afghan President Ashraf Ghani fled abroad and his government collapsed.


I would like to thank the government of Argentina for their hospitality and for welcoming us to this beautiful city of Buenos Aires. I also would like to express our sincere gratitude to the ITU Secretary General, Mr. Haudenosaun and to the Director of PDT, Mr. Brahima Sanu, for their invaluable efforts for the preparation of a successful conference. We strongly believe the importance of information and communication technologies as an accelerator of development. RCTs have a very critical impact on the quality of life of people across the globe, especially between those who have access to them and those who do not. Therefore, it is government's responsibility to ensure that the goals and targets relating to the role of ICTs for sustainable development should address the basic needs and interests of the most disadvantaged citizens within society. These needs include but not limited to health care and food production, saving people out of poverty circle through job opportunities, monitoring climate change and processes relating to land and water and bridging the digital gender divide. With this huge responsibility, Turkey's strategic vision of 2023 sets very important goals regarding ICTs. These goals include maintaining ICT-based economic growth, transformation to knowledge-based society, and enhancing high-speed broadband access for all. In line with that vision, Turkey continues to taking strong steps in order to create a fully transformed digital economy and society through affordable and accessible ICTs. The IMT Advanced Auction held in 2015 represented an important milestone for Turkey's transition to 5G. Turkey is planning to be one of the first countries to adopt 5G technology. Ladies and gentlemen, we are well aware that digital divide is still an important issue to overcome in the agenda and we need to put connectivity to the core of our focus. Finding ways and means for affordable access to ICTs should be one of our major solutions to tackle this problem. Turkey is very proud with its success stories that have been reached by use of the Universal Service Fund to bring broadband to rural and remote areas within the country. The Internet is an important contributor for sustainable development. However, providing connectivity as a basic need and right of every citizen brings new challenges for governments. At the top of the list, there is safety and security needs of the Internet users, especially children. We are in an era that children are born as digital natives and accurately vulnerable to illegal and harmful effects of the Internet. Ensuring their safety and security is a responsibility that all stakeholders should contribute within their capacity. We believe that this conference is a huge opportunity for us to emphasize the importance of ICTs for achievement of sustainable development goals and we all should work together in the spirit of cooperation to reach concrete results. To you Mr. Chairman and to all respected colleagues, we extend our very best wishes for a successful and fruitful conference. Thank you very much.