G'day mate, 40 here. So when I was graduating to become an Alexander Technique teacher I thought a lot about how I wanted to be the most awesome Alexander Technique teacher ever Okay, I just wanted to revolutionize the whole field of Alexander Technique I wanted to make the most dramatic changes with my clients. I wanted to set the world on fire. I Wanted myself to be a good exemplar of the Alexander Technique I wanted to be able to tune into what was going on with someone and to spot their their interfering tension patterns. I wanted to have hands that could locate the unnecessary holding patterns in their body and help them to release it. So I was thinking as you might expect like very much in terms of ego like what I want to accomplish with my Alexander Technique teaching practice and I wanted to be awesome and I still do and I still enjoy having awesome clients and I enjoy seeing them perform on Broadway or perform on TV or perform on the runway or billionaires who are successful in business like I love I love success. I love being a successful Alexander Technique teacher. I love making a difference in people's lives. It's exciting to have clients doing exciting things but I was able to relax because I remember shortly before I became an Alexander Technique teacher I was interviewing other Alexander Technique teachers and there was this one guy who's something really important I think I was asking him you know how awesome are you as a teacher and he essentially made the point that his job as an Alexander Technique teacher is primarily to transmit certain principles right it wasn't primarily about what dramatic job people got when you put your hands on them located the unnecessary tension and help them to let go of it it wasn't about your charisma it was about your ability to transmit certain principles. I thought oh yeah the Alexander Technique is certain principles for movement for example as the Alexander Technique teacher Erica Whitaker said if you're so absorbed in what you're doing that you can't stand up and walk to the window and look outside you're probably in compulsion right if you're doing something so that you can't even take take five seconds to stop and pause and look out the window you may well have some kind of compulsion going on and so one of the the principles of the Alexander Technique is to stop to pause to notice what you're doing and to open up a space for that freedom of choice so that you no longer just just compulsively knocking things out and so stopping and pausing and having a deep pause right and noticing the difference between when you're stopped and then when you're planning on doing something so I'm planning on picking up this screwdriver so right now I'm in a state of no planning and then I think okay I'm going to pick up this screwdriver and then noticing if I'm using unnecessary tension to pick up the screwdriver whether you know my thinking and my whole musculature and just kind of narrows down around the screwdriver so learning to expand one's field of awareness so notice the difference when I stand up and sit down like this is normally standing up sitting down and then I'm going to expand my field of awareness so I'm going to see both sides of the room simultaneously when I stand up and sit down so notice how I'm much more vertical so I'm expanding my field of awareness when I expand my field of awareness all sorts of good things happen when you expand your field of awareness you're not living in the past you're not living in the future you're not living in anxiety, rage, depression, concern, fear, loneliness you expand your field of awareness and it just sends this upward direction through your body and then another way to expand your field of awareness aside from seeing both sides of the room simultaneously and everything in front of you so having soft eyes so being in a state of awareness very different from a state of judgment so you have entered a judgment-free zone this is a safe space for you no judgment here all right I'm expanding my field of awareness and I'm going to do some silent la-la-las so unlike most breath exercises the silent la-la-las begin with the exhale they don't begin with an inhale when you inhale you don't want to be sucking in the air you just want to let the air come in and then it just it just transforms the quality of your voice and then another another great voice exercise I like is Boston Boston so Boston where your lower jaw comes at the end of Boston that should be its ideal physiological resting position Boston so a lot of people have bad TMJ they have way too much tension in here so Boston down there it's Boston that's that's where your jaw should be resting most of the time and another way to expand your field of awareness is to listen to all the different sounds all right and another way to expand your field of awareness is to be in a state of I wonder what will happen next all right when you think about I wonder what will happen next you don't think about that and then go down like this and get all depressed but when you think about I wonder what will happen next since upward direction through your body and you become more alive more aware more curious I wonder what will happen next up you go then another great trick is to tell yourself I'm not doing whatever it is that you're doing so I'm going to convince myself I'm not going to stand up I'm not standing up I'm not standing up not standing up I'm not standing up I'm not standing up and then just trick yourself and stand up all right I'm not standing up I'm not standing up I'm not standing up and then boom you just trick yourself so you can do that I'm not breathing I'm not breathing I'm not breathing and your breath will come easier when you go for a walk you can say I'm not walking I'm not walking I'm not walking and your walk will become easier and more graceful everything you do pretty much you'll do better if you tell yourself a message I'm not doing this so I'm not live streaming right now I'm not live streaming right now I'm just talking to a friend I'm not live streaming right now I'm not live streaming right now and somehow all the habits that we that we build they don't service right all the habitual ways that we develop the doing things they don't service we are far better off unconsciously walking unconsciously performing whenever you see a tennis match right usually it's the tennis player who is more at ease who is more graceful who's more likely to win when you see ice skaters it's usually the ice skaters who are most relaxed most graceful who the most likely to win meaning graceful relaxed meaning very few interfering compression and tension patterns so when I'm teaching the alexander technique it's uh it's not primarily about me it's simply about transmitting certain principles and helping people to understand those principles and how they might apply for say their level of performance so people tend to take alexander technique lessons for one or three major reasons one reason to deal with chronic pain which is created by unhelpful unnecessary tension and compression patterns that they can learn to notice and release so for relief of pain brought about by bad habits that's one reason why people take alexander technique lessons and another reason people take lessons is for a higher level of performance so when you let go of your interfering tension patterns whatever you're doing you can do it more easily and gracefully and effectively then third reason people take alexander technique lessons is for personal growth you learn to notice your habitual patterns so here's a chair and you'll notice before you go sit in a chair you'll you'll start tensing and compressing when you're still a few feet away so this is the typical person as they're preparing to sit in the chair like from here they're already they're holding their breath they're making themselves smaller and tighter and then they're just kind of collapsing into the chair right so they have they're not even conscious of all these interfering tension and compression patterns that uh they're they're creating every time they simply sit down and eventually these tension and compression patterns they get tighter and tighter and tighter and tighter until the toss of everyday life become painful right even reaching into the back of the fridge to get a soft drink right becomes painful reaching down to pick up a sock it becomes painful right because we just layer on all these compression patterns and people generally speaking they don't want to do the subtraction of these unnecessary patterns they just want to take on something new they just want to say oh i'm just going to do yoga i'm just going to do these new exercises rather than looking at their interfering patterns of behavior that are not in their own best interests and so too with being a sponsor like i wanted to be the most awesome sponsor i wanted to have sponsors that would change the world i wanted to help bring about dramatic changes in the lives of my sponsors i wanted to be a rock star sponsor but uh that's just ego right as a sponsor all i'm really trying to do is transmit the eternal spiritual principles found in the big book of alcoholics anonymous to whatever particular 12-step program that i'm talking about so again i can i can just experience my ego and i can just feel it like a wind blowing through me and i don't have to hold on to it and i don't have to grasp it i didn't have to berate myself for having it but again whether it's teaching alexander technique or being a sponsor in a 12-step program it just comes down to principles over personalities so as a teacher and a sponsor i'm simply trying to transmit principles to people and it gives me pleasure to be of service to other people but it's not primarily about me right it's not i don't need to develop some kind of cold following i don't need to have an indispensable role in my sponsor's life like they rarely call me or text me or email me for for advice because i'm not primarily an advice man as a sponsor i'm just someone who's transmitting the teachings of the big big book sharing how those teachings help my life and how they might help your life so you'll never guess i think this this polo shirt i think i've had it since high school right i think this polo shirt is like 35 years old and i've had various people who tried to throw it away so my sister wanted to throw it away and various women in my life wanted to throw away this shirt but i've had this polo shirt since i was about 16 so i've had this polo shirt for 39 years a lot of history in this polo shirt like holly randall used to wear this polo shirt like this was the end this was preppy right this was a big deal in 1982 you want me to let go of this perfectly nice polo shirt right let's talk about how to change your life with three daily habits so addicts and if you're watching this show in all likelihood you're an addict to something or another the addicts are great at forming habits and that propensity when applied for the good can be life-changing so if you are struggling with addiction you are excellent at life-changing habits so here are habits to change your life put a priority i don't have any oh there okay i've got i do have some buttons i still got the buttons right this shirt's 39 years old and it's still got buttons there okay now now i'm a respectable Torah Jew okay habits to change your life yes time for a haircut uh prioritize learning what are you interested in what are you passionate about where do you feel you're lacking all right this is where you should be learning in your free time so lifelong learning is great practice for mental health and agility and it also ensures that you stay humble no one can possibly know everything and then number two have it for success invest in your mornings so there's a reason why morning routines are hailed by successful people all over the world is the key to unlocking your potential you can spend your morning hours taking control of your day the morning is the rudder of the day so you can invest in yourself before you serve other people so i take a cold shower brush my teeth make my bed take my supplements get on a 12 step meeting get outside get some of that early morning sunshine and then final habit invest in yourself take take alexander technique lessons wow six downvotes and no upvotes principles over personalities come on guys principles over personalities right addiction and estrangement so i notice with a lot of addicts that uh they have been estranged from those around them so the opposite of addiction is connection so this is the dominant theme i notice among addicts among people in the pornography industry lack of connection estrangement from family broken friendships broken community whether it's religious social educational political all right so tense relationships with siblings estrangement from siblings estrangement from parents this is a dominant trait that i notice among addicts so do the addictions produce these family problems and estrangement or do dysfunctional families resort in addiction so addiction is not just about brain chemistry the environment you live in is a factor so some people can be sailing along perfectly fine and then they get into a new situation that brings out their insecurity and anxiety and suddenly they start using right so the opposite of addiction is connection i just notice that addicts dominantly tend to be estranged from other people estranged from family in particular they often tend to be like so into their hobbies crypto gambling gaming music like they'd rather spend time with their classical music cds than with other people they'd rather spend time watching sports than with other people they would rather spend time meditating they'd rather spend hours a day meditating and praying rather than being with other people so normal person spends like eight hours plus a day around other people so i remember there were stages in my life where i was only spending about an hour a day around other people was basically i'd get a synagogue i'd delve in i'd study a page of talmud and i'd spend an hour and a half i guess every morning with people at synagogue then most of the rest of my day i was alone so i noticed that addicts get into you know watching tv watching movies their substances playing video games they tend to be estranged from others so the opposite of addiction is connection blessings and shabbat shalom


The polarizing remake of the 1980s horror Child's Play hits theaters June 2019 and I for one was not at all excited for this pointless reboot. Until now. Hello WonderCon, it's Mark Hamill here and if you're wondering who's going to voice Chucky in the new Child's Play, you're looking at him. I can't wait to bring such an iconic character to life and present him in a way you've never seen him before. Child's Play this summer, we're going to have some fun and remember he's more than just a toy, he's your best friend. That's right, Mark Hamill has officially been cast as Chucky. Hamill of course most famous for his role as Luke Skywalker in Star Wars but more recently for his voice work. In fact, his role as the Joker is one of my favorite voice roles of all time. I'm a huge Chucky fan and I love Brad Durif in the original role. Bit of an interesting fact, Durif was sought after by director Tim Burton for him to play the live action role of the Joker in his 1989 movie. The studio however refused and of course had Jack Nicholson takeover. In other mediums, Mark Hamill took that role away from him also. Producer of the new Child's Play Seth Graham Smith had this to say about the casting choice. We asked, thinking that there was no way it would ever happen and he said yes, he was the first choice, a big swing and it just happened. I mean first of all, to have an icon reimagining an iconic character is an incredible gift. And to have an actor and a voice performer who is as celebrated as Mark Hamill and as gifted as he is, I mean it's incredible. He's taken on this challenge with a huge amount of energy and really come at it in a very serious way and it's really something to watch him create a character and sort of embody it. And I get to sit there and watch Mark Hamill record, it's just incredible. End quote. Because of my love for the original Child's Play movies and having sequels only just being released in 2017, there really is no need for an entire reboot. The creators really needed someone like Hamill to get on board as before now I would have happily boycotted the movie altogether as the original franchise creator Don Mancini has zero involvement. Mancini had this to say about the studio for the new film MGM wanting to have him on board. Quote, we said no thank you because we have our ongoing thriving business with Chucky, obviously my feelings were hurt and I did create the character and nurture the franchise for three decades. So when someone says oh yeah we would love to have your name on the film, it was hard not to feel like I was being patronized, they just wanted our approval which I strenuously denied them. End quote. And the original cast held no punches either, Jennifer Tilly tweeting, new Chucky movie? Um no, Tiffany and I are going to sit this one out, hashtag not my Chucky. The new Child's Play stars Aubrey Plaza and Gabriel Bateman in the lead roles. It is off putting for me to see Plaza in a mother role, she doesn't seem the type but I'm a fan of hers and I'm open to the idea. Gabriel Bateman is having another go at horror previously starring in 2016's Lights Out. But as pointless as the remake sounds to me, I'm excited even to just see Hamill's take on Chucky and I'm glad they're apparently still making use of animatronic puppets instead of entirely relying on CGI. But what do you think about the new Child's Play? Is it a pointless money grab or a genuinely fresh take on a horror fan favourite? I'll be chatting with you guys in the comments. But until next time this is Matt Rogers and that is all.


The following is a presentation of TFNN the Tiger Technician Hour with your host Basil Chapman call now toll free at 1-877-927-6648. Good morning everyone Basil Chapman yeah this is Friday edition of Tiger Technicians Hour on October the 20th we're looking at the Dowdown 122 with 32,291 let me just go through the step-by-step so we are right here we are short from for subscribers to my opening call short from or August the first at the exact high of 35,679 that day we went short and we remain short the reason is in the bigger picture the evidence was implying that the nine-period moving average was in the process of rolling over but it could take some time but I use another technique that I use which actually included the nine-period so the on balance volume this little blue line here this on balance volume plus other techniques using the DOG the inverse plus the diamonds to see where we can get an inflection point for a reversal and we remain that way at this particular low actually couple of days just before the low we bought a very aggressive without changing the short-term position you bought an aggressive three times long you do W and we managed to write it up took very nice profits and then I'd said that this is the stop we want to take a profit with a race stop and if today I said if it's before 10 20 I can't remember offhand if it was 10 10 10 20 we want to switch from the you now the moment is taken out we want to if there's a little balance in the SD of W three times short sorry if there's a dip we want to get out of that we want to switch from the you now to the S now which is a short-down three times short which is where we are right now and the reason being there's a patent that now I do have to look at it now we're back okay so and what I wanted to do is I want to do the patent that I'm looking at now might be asking my my single my laptop here which is I'm doubling up screens plus I've got my office desktop which is what I always go to where I'm out of town active right now and I didn't I didn't close it down to refresh because I everything was working just fine so let me see if I can get this going here I shouldn't do this I'm going to try to do that oh right I'm just gonna talk it out so the patent that I'm looking at is the patent that we call the dreaded H it's a lower case H that comes down sharply and then arches over takes out the left side low and then it becomes a dreaded H because if it does that and within two bars doesn't matter if it's a one-minute bar a monthly bar within two bars maybe three it doesn't go back above close back above the left side low that can be quite serious well it was right here we went down to thirty two thousand eight forty six as I say we were long aggressively along the small position we've got out of that we've switched to the short position why because in the H pattern it invariably fails at a peak A or a B look yeah I went to an A and then a B well if it takes out that in this case the 200 feet moving average which it did three days ago and keeps coming down and now you cross the nine period moving average cross back to negative there could be an acceleration and this right side in the stalls and then it can be going to a lower case H that goes to a lower case M second arch or it just comes straight down now what I'd say to subscribers and I wouldn't be able to do my video my hour long video for subscribers on the weekend maybe Sunday now I don't think so but I am going to just type up a report that I'll send out hopefully tomorrow morning sometime and that's going to say that what I was looking at if we close ugly today meaning we're minus 150 if we 150 or more points at the close and then over the weekend there's really negative news and the overnight futures on Sunday night are very negative there's a really good chance that Monday could be very very ugly could it be a low not the low but really a pretty decent a low like we had before at 32,0846 with actually a pretty decent rally of about 2000 points I don't know but it could be a series we just might be looking at a series of lower highs and lower lows and we just don't know but in the meantime this is something very at this particular point I think we've got a respect that is a chance that we could have a very ugly day today into Monday at least and that's that's what we're trying to play for now within that context look at the S&P the S&P is trading down that's down 28 at 42 49 it's getting closer and closer to 42 16 level and that has to hold because if it takes it out that's very negative you can see the weekly chart the S means that the 9-period moving has has gone underneath the 14-period moving average that's not a good sign to go the QQQ where is it now it is down sharper it's down to a point 10 at 357 still don't see the weekly chart go to an S let's see if the futures are in Q why was it earlier up there it is now the futures have indicated but the day is young the week is young we have to wait until 4 o'clock today to see whether or not this then you've got all of them key indicators except for the S&P with the 9-period moving average in the weekly chart crossing negative you can see a very sharp move down in the this week in the red candle but on a daily basis we're already down 26 cents at 144.14 so there's always there's always one or two participants who don't want to cooperate so this is what we're looking at there's some strength in the semiconductors now let's just quickly go through to gold gold is now up 20 this is a big move we had a gold stock why on earth I decided to make the stop a little too tight we got stopped out we had a nice very small gain and then we got stopped out yesterday we took a little bit off that is and I should have added that not subtracted it to the stop that I had and now that particular issue is doing very nicely but it had such a spectacular move to the outside I thought if it made a peak B it would be a little bit deeper than it was oh this is just telling us that finally the gold stocks are starting to catch up to gold itself let's look at the GDX a lot of people involved GDX yep I think it did so today's high so far 30.06 that's where it is right now and two days ago the high was 30.07 so 30.08 it starts a leg B this is all leg A and the GDX the gold minus so they playing catch up finally good now we're looking at a silver silver didn't have as good a chart earlier this morning of course now it does in fact it's already in leg D in the chapwave methodology above the 200 period exponential moving average and I get that to type I can there it is there's your uppercase C on the way up in the chapwave methodology it's always there we go that's like very well the silver actually is caught up to gold because it wasn't participating all that well weekly chart still needs a lot of work I mean time back at the ranch the town is just yes we go to the break the town is down 175 I'll be right back if you're looking for potential trading setups in the stock market then rocket equities and options report is a newsletter you should try Tommy O'Brien delivers options and equity trades when the markets present them using a combination of fundamentals and technicals sign up for rocket equities and options report today with a 30-day money back guarantee so you have nothing to risk for all the details and to start your subscription today visit the front page of TFNN.com TFNN educating investors you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at TFNN.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up-down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up TFNN.com educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns you can take advantage of sign up for the Fibonacci 24-7 newsletter at TFNN.com when you subscribe you'll get a weekly report from veteran day trader Larry Pezzavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to act on at any time first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today TFNN.com educating investors TFNN has launched the Tiger's Den hosted at Discord TFNN has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the Tiger's Den available to all Tigers and Tigris's for just $1 for the year there's no catch or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of TFNN.com toll free at 1-877-927-6648 internationally at<PHONE_NUMBER> Hi everyone we're back Basel Chapman and I just to be honest the crew door is up 69 to 70. There's a pretty decent balance from the low that was paid it's up in the higher range this is just telling me that because of the Middle East Conflagation that crew door is going to be there as holding very well between probably between 80 and 94 and if it breaks above 94 that's something very serious let's just see what heating oil was doing heating oil was doing pretty much the same thing it's going to the Chapman falling exformation inside track repellent zone and I just says the whole area of 3.26 is going to be important to resistance it's at 318 right now so a question questions coming telephone I had I had a question the other day I was sure it's just back of my mind now and I'm hoping I'm repeating it correctly and that was is it time to be looking at telephone as a telecom that can give the dividends as you've discussed before when you say you want capital gain and dividends you don't want dividend with no capital gain with the capital loss because the huge capital that you put in you don't want to see that disappear well telephone came out with earnings or something the other day and it gapped up sharply it's still up very nice it's up today 3.8 percent up 58 cents of 15.83 I'm not sure what this is all about but all I can say is that the the XLC which is in the communication sector is suggesting to me that there was buying going on for quite some time now it's sort of stalling and if you look at VZ a one-off thing is separate all together so VZ is showing a little bit of strength today but if you look at the weekly and monthly charts yes it's nice to get something especially a dividend stock at the bottom so what I'm going to suggest is because of and CMSCM CSA which is Comcast is not acting well at all it was one of the leaders now is the weekly charts down to 200 moving average after being the 47s is now at 43 it's not a big deal but they lose that upside momentum so I'm so the question was on telephone at the time I said you know there is so much competition I just don't see anything there and that was right here in fact I think it was somewhere around here it was a pop-up I said I don't see anything there I would have to see if it tests the most recent low which is in the 14s I did not know that earnings were coming out and they were really good so this is what I'm going to suggest and I can't remember who it was Sam I think I just I don't remember who asked me the question so I'm going to suggest that at this bit today is the test because of after the gap up yesterday if it didn't go into the gap in fact broke out above the high of yesterday that's really positive so this is really difficult because if it's a dividend stock and you're buying it for the dividend I don't want to say to you go get in here at 15.85 this is probably since July this would be the high since July July or September I mean a full month period and now I'm saying to you get in with a chance that it could pull back and fill the gap that's a point so this is very difficult for me because it's a dividend stock I can't even say to you if it continues this way and there are fund managers that will be looking for just this sort of thing what's happening in this environment where we can try to find a little bit of safety where we've got it perhaps a dividend and at the same time with the dividend we've got a price that's close to the multi-year loan this case in Ruby telephone I mean in back in 2019 2020 the stock was just about 30 so cut in half right so this is what I'm going to suggest because as an interim play and there's no way I want to say to you you're buying a dividend stock meaning you want to hold it for at least the next three months because you want to get the next dividend right to say put it in and have a stop just 10 cents or 20 cents below this is a longer term so I'm going to say to you to put your foot in the door at 15.88 right now just kind of a nibble that's not the position at all that's not the president that you're even thinking of as a dividend stock but what you really want to do is you start off here and you have to see by today's Friday obviously so by next week between Wednesday and probably I'd like to say Thursday and Friday but listen to say Wednesday and Thursday if it hasn't even gone into the gap or maybe just touch the gap if it's gone to it's held about 15-12 let's talk about it again because if the market is going sharply low and we don't know yet this is just we're trying to anticipate anticipating with chart formation means that you're not guessing you're making a sophisticated guess that's different to just plain guessing so the sophisticated guess says after being batted for so long it's trying to form a base actually between 14-15 and 13 so at 15 almost 16 you're going to be 30 it's a 20% risk you're taking for a dividend stock it's not going to pay you that so I'm just going to say at 15.88 put your foot in the door let's see what happens and let's talk about it in another probably four sessions three four sessions okay next question came in could I look at let me go JNK actually HYG but I want to go to JNK that's the junk bonds junk bonds are breaking the breaking the low that horizontal area that has been in for ages JNK is the symbol spider Bloomberg basically junk bonds look yes you're dreaded H to H pattern in the it's broken the shorter term weekly but the longer term weekly and monthly says that 85 just get this exactly right 85 no it's 86 28 that's the most important low and here you are at 88.09 that's that's 5% another 5% lower yeah this is not good for junk bonds to be doing this and I don't want to take too much time now with bonds because I did the whole thing yesterday other than to say there's a question as to whether or not we're going to make some kind of bounce low in bonds over the next few sessions is that possibility if we get we just see where the Dow is right now if we get it's probably come back a little bit yeah 170 let's just see how this plays out this this arch formation says 30 to 846 that's another 400 almost 400 points down in a couple of days and today and maybe Monday or Tuesday usually lows decent lows are made on a Friday or a Monday in the Dow so I'm just watching this closely meantime back at the ranch let me just do this JNK not not a good sign at all especially when you're talking about I breathe these are corporate bonds now next question came in could I look at a high grade copper high grade copper there it is high grade copper is down quite sharp he's down 0.03 when I say quite sharp I mean the fact that the weekly chart just makes low lows and low highs but it's actually holding above the low that was made just about four sessions ago and that was at 3.53 so yeah copper just says to me it's signaling that it's signaling that there's a weak international economy let's go to wood the ice shares global timber and forestry yeah same sort of thing but wood is the ice shares global timber and forestry if we'll be back in a moment basal trap and take the next hour down's down 170 we'll be right back and when you're looking at bitcoin and wba and altar I'll be right back currencies commodities and bond markets are as important as ever right now with how they're driving the volatility in equity markets across the globe which is why it's a great time to try out teddy keg stats tiger forex report teddy keg stat breaks down the forex markets every monday using his 30 plus years of experience as a trading veteran of futures forex stocks and options teddy releases his weekly tiger forex report every monday morning with coverage of all the major currency pairs including the dollar index the euro dollar pound dollar dollar swiss dollar yen as well as many more and he also has weekly coverage of the crude oil market and the 30 year t bonds as they both influence forex markets tremendously when you sign up for the tiger forex report you also gain instant access to teddy 60 minute webinar archive he just hosted forex strategies and fundamentals what is behind the tiger forex report for all the details and to start your 30 day tiger forex report subscription today visit the front page of tfnn.com tfnn educating investors steve rhodes started his trading career as a student almost 20 years ago and the student has now become the master steve won the prestigious timer of the year award in 2018 and barely missed that mark again in 2019 finishing at number two for the year an amazing accomplishment steve rhodes is committed to sharing his techniques and knowledge with anyone who wants to learn and he shares his vast amount of trading knowledge every day in his mastering probability newsletter steve's award-winning newsletter mastering probability is delivered every trading day with updates throughout the afternoon sign up for steve's market newsletter mastering probability and you'll receive access to seven of steve's educational webinars absolutely free at tfnn all 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channel and become the investor you were born to be tfnn educating investors don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv hello we're back so we're looking at bitcoin bitcoin is up 795 at 29 625 so as i was assessing this uh yesterday i was looking at this and i thought you know with it coming with the dollar as it is with gold as it is there's just a chance that you might see some action in bitcoin let's see what happens today now you can see today there was a big spike to 30,465 so it's it's trading at 29 650 uh this is way off the high of the day but the low was was down to 28 000 yeah 28 000 so i think it's in play uh for the first time but it's in playing in a narrow range and you can see the weekly chart the 200-period moving average it's like a full it's like a like a sine wave right the fulcrum that says you can go up to the top then you're coming back down to testing it then you break to the bottom then you're going to go back to the top then you can and it just keeps wiggling away like this but it has been making slightly highs and slightly lower lows so that means it's in a range bound pattern so i would now not ignore bitcoin and before i said i'm not interested in it until certain things happen and it could happen later in october maybe even november well here we are late october i think this is now becoming very interesting we have not got any position at all in this bitcoin let's see what g g g btc that's what we once had and we had really spectacular gains in this and we've not been in it for a year or two g btc uh coming up anybody there waiting for data there it is oh just broke out to the upside up at 23 interesting because when it was down in the in the under 10 i was thinking should we do that again and just buy it and maybe hold it well this is actually acting very nicely bitcoin investment trust yes it's in play um i'll do this because it's technical friday and we just do this so this is the first this is a right here a b now you've got a b c one c two and then you go brand new a b c c and yeah we're in leg d so yes it's in play i'm going to wait for some kind of a pullback and then we're going to test to see just check out all the tacticals because this breakout in the look here's the 200-period moving average in bitcoin investment trust in the 200-period moving average in the weekly chart the nine is very sharp the above the 14 has been that way since it broke out back in early earlier this year back in march and this is almost like this could be a brand new a here's an a again a this is probably i should check that out because if it's not makes a difference so here we go uh 20.84 20.85 okay so this is a leg e slash b right here actually very nicely yes i think it's in play finally we've got bitcoin in play and i think it's because of the international currency and the conflagration going on so let's just consider that that is something that i now need to look at a lot more let's go back to um so that was the question about bitcoin yes so what would you do that was really the question um bitcoin trading at now the person asked me i wouldn't be surprised if you already have it let's do this let's look it together give me a yell if it goes under 29 thousand between 29 000 and 28 300 and just holes there that could be the place because that is above the 200 moving average in the weekly chart but there is the maxi isn't cross positive yet in the weekly and the stochastic is just improving this could be early in the game if it's going to be moving to the upside next question came in is altar altar is altar beauty remember we spoke about this you said that in the real world the beauty products are usually the last to turn down it's when people suddenly can't afford you know that extra luxury and they go for lower price this is just my interpretation low price products and we had that high in may or 560.60 and i said we've got to be real careful and plummeted and now look at this chart the data this this is just a concerted effort it says any bounce is probably going to have to retest the 370s it's a 374 right now up a dollar 21 and right under the 200 the 200 been moving average when we're over there you didn't even want to look at the 200 people moving average now it becomes it's a magnet line so yes i would just say as a trade for a little bit of a bounce i want to look at alpha as well because alpha is already took over the lead and then it took it took a dive that that's stuck it went to 138 almost a straight line up and then it came down and tested the 200 period moving average in the daily chart around about 95 and it's bounced and it's now at 102 and doesn't look good at all and the weekly chart the 9 period moving average has gone negative so yeah both of them i would just say even as a bounce i just be real careful they just not doing the right thing that's question that came in is the vixx index so um let me just do this here so the vixx index what i say is if it goes into the 20s um v i x dot x there we go if it goes into the 20s and the dow is down triple digits and the s and p is down over 50 points or more now that's when you got to be real careful and if it happens on a weekend that's even more important going into the friday close because that means monday has a chance to be pretty good so the question came in the fact that it's in leg d in the chaplain wave methodology uh doesn't that mean anything so i've made a big deal about this for years and years decades actually that the volatility index is a measurement of fear so my waveform does not work i i put it in only because every single chart that moves your in chaplain wave is the waveform that never sleeps so i like to look at it as to say do your analysis but it has a different connotation whatsoever look at this big spike up back in march when the market made a low and it went right into the vixx weekly chart went right to the resistance level and then turned out that turned out to be a peak c minus and if you go back look at this peak c right here with a corona virus this was the the major loan 2020 up at 85.47 so the answer is is it very clear no it has no correlation whatsoever other than i like to do it and it does give me some kind of a guide but i could have made this a peak c1 c2 double top and now you've got your d but it doesn't matter the fact is that the vixx index is saying at this particular point it's had a whole week well four days really of very big moves to the upside with higher highs and higher lows and today's one of the smaller candles so far but it's still at 21.41 it did at 21.66 how it closes today is going to be really important let me just look no it's based on the new york stock exchange options there i'm just going to go to the s and p i want to see how the s and p is faring right now the s and p right now is down 33 almost at the low of the day yeah this is this is what i'm fearing that we have a very ugly close possibility and then we'll have to see what happens monday monday could be maybe it's a turnaround session for at least another decent gravity but we'll see what happens the big question the answer is no but it doesn't say we aren't going to have to watch it very very closely because it's up in the 21s and i said if it gets to the 20s we've got to watch it on a closing basis i'll be back in a moment basal chap and tiger this is our gold report as a precious metal gold is still king it continues to hold the most effective safe haven and hedging properties across the global major trading hubs of the london otc market the us futures market and the shanghai gold exchange the gold report tom obrien publishes his weekly gold report every monday morning for subscribers consisting of coverage of the xau hui gdx the dollar bonds the south african rand as well as 25 different mining equities with specific buy sell recommendations the gold report new subscribers get a 30-day money back guarantee so you have nothing to risk subscribe to tom obrien's gold report newsletter now at tfnn.com are you ready to take your trading to the next level introducing tom obrien's award-winning newsletter market insights your key to successful active trading tom obrien renowned for his expertise in the financial markets has designed market insights to be your daily guide to profitable trades tom publishes his daily market insights newsletter every market day before the market open along with updates when warranted stay ahead of the game with tom's real-time analysis and trade recommendations delivered straight to your inbox whether you're a seasoned trader or just starting out market insights provides the edge you need to navigate the markets with confidence ready to join the ranks of successful traders head over to tfnn.com and subscribe to market insights today don't miss out on this opportunity to supercharge your trading results market insights comes with a 30-day money back guarantee for all new subscribers so you have nothing to risk don't miss out on this opportunity to revolutionize your trading game head over to tfnn.com right now to join the thousands of traders who have already experienced the power of tom obrien's award winning newsletter market insights firsthand tfnn educating investors iotech is booming but for how long whether you think the biotech bull has room to run or has run its course trade lab u or lab 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 principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor four side fund services llc this program is brought to you by vista gold traded on the nyse american and tsx under the symbol vgz also so also just keeps making hollows and all the highest sitting on the it says uh three seventy four and three uh three i'm just trying to get that it's three three eighty is the 200 period moving average in the weekly chart and if you're looking at elf which is the one that really took over and then it joined altar uh i don't know what this is saying about the economy it says that you know if these beauty products like cosmetics are coming down sharply that's something to respect so this one says it's a little bit better pattern but it may be as early in the game as following but it's a 102.12 and 97 is the 200 period moving average that it has to hold and that's going to be very important a question came in about uh go let me just see where it went to right here quibb so quibb is i kind of i remember question this is uh cranches china internet uh look break into a new low he has the art formation in the weekly chart not a good sign it just says that something's going on here that is really not positive and that at 25 is a real good chance that if 24 support doesn't hold it's going to become a big problem i think fxi was the next thing fxi is the china launch cap etf also making a new low here it's taken out the left side low of i think it was may or june it's going to the wall of mine and then it goes all the way down to the 21 area and it's trading at 25.22 so i'm just watching this very closely as i said we have enough issues here for stocks of the united states i don't know if i want to move to china for a stock when you know or even an etf when you've got you know problems here so it doesn't look very good at all and neo was a question about how low can i go i i don't really know how low it can go can it because 772 is the it's actually up three cents right now neo is a chinese company uh this is electric cars electric vehicles EVs you know if if tesla is starting to show this kind of weakness it's down again today down five it went right through the children's period moving average with a huge gap yesterday 212 is the left side though of the 18th but once you make a pd and then you made this h pattern at a peak c-minus it's really imperative that you find some support very quickly because 196 is the children's period moving average in the weekly chart question came in about oh i just missed it um oh palantir now i had been asked about this the other day and i said it looked really good it's acting very well but it had made a peak d uh back with the doji candle early in october and then followed the very next session with the silent doji candle which says if you close deeply underneath it you've got to be really careful well that's the case and now it's made this h just dreaded h pattern remember the h pattern looks like a lowercase h sharply down arches over makes that part of the h that says the left side load must hold otherwise it goes much further down and here it is at minus 92 at 1614 and i i believe i said it's in a range and that i would not let's look at it again next week this coming week so just as well because it's not acting all that well palantir technologies but i do believe that when we make some kind of a bottom this is a stock that needs to be on your list at least to look at as a potential for the upside question came in yesterday and i couldn't get to adobe fantastic company holding really well up near the highs the recent highs not all-time highs which which was close to 700 it's trading down today 15 at 540 it did get to a d but that d i had trouble with this because this is just starting point for the last move to the upside right here and that was a low of i'm going to go to the 18th of august at 503.90 and the low that was made most recently was at 490 490 watt yeah 498.70 so it took out that low so technically this should be a b and yet another c and then it failed so it's a second time it's fading at a peak c just rare to do that close to all-time highs but i'm going to respect that and i'm going to say that adobe really everything you read about it says it's just a fabulous company this is still a c and we'll have to wait to see what happens but it's a brand you see good nothing to do with the left side high because that was taken out by this low which starts everything fresh and if you're looking at the weekly chart i am going to be able to call that an f right there still one of the stocks that i you know just make a note of this the stocks that have held really well in this particular phase right now those stocks you want to be looking at when we finally make a decent low so those are the questions i had i just want you to check for a moment in the den because i think uh there was oh this one there's a question was crwd okay crwd crowd strike let me see if i can find it right here crwd this is in the cyber security area made a new recovery high so let's just go to this so this is peak a speak a right there there's your a now if it is a by a penny we'll see what happens here this is on the eighth on the ninth of october 185 25 next day is 185 20 if you do enough of these even though it's triple digits you can tell but there's something you got to be aware of there's your b there's your c and i wouldn't be surprised if that just miss 190.36 190.28 yep so there's your d and as always d is where you got to be careful d u e d right there plus sign because we haven't got any confirmation yet that uh this is a serious top this was a peak here 172 64 brand new bicycle right there look the magnies turned down sharply the line pre moving averages over the 14 the daily charge stochastic said 83 percent still very strong relative strength is gray line turning down so the relative strength and the weekly just went to a leg d and that's the reason why i'm saying that even stocks that have been absolutely fabulous you got it if they start giving these d's signals that say be careful i'm going to be careful so within that context you've got a red candle at leg d yesterday and a sharp gap down red candle today all the technicals are still pretty good so this is a work in progress so this is crowd-strike and if you look at the cyber security um etf so let's go to um cyber security etf so that was a bug or why am i said oh hack i shouldn't know this i haven't written down every day hack type it and then we get it off there there we go hack oh wow this is why we did not get into this is because it was too late to get into it now we got the sharp pullback um still not looking too bad let me just give you the towel as we're about to go to our final break you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so impossible after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by basal chapman creator of the trading methodology known as the chapman wave the chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys and stock prices get the opening call newsletter by basal chapman and your inbox every day first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up 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don't forget you can listen to tfnn live on your mobile device 24 hours per day go to tfnn.com then hit watch tiger tv that's tfnn.com then hit watch tiger tv Hi folks in this last segment what i want to do is i have a question about mobile technologies that's semiconductor trading one of the one of the terrific firms actually most of them in the semiconductor firms most of them are really very good i mean they've done there they've been through some hard times and they've you know they get things right when they get it right but right now this stock looks like it's down mrvl is trading 49.64 down a dollar or five a couple of red candles pulling away from the 200 period moving average is this h that goes to an m pattern taken it out in the dating of the weekly chart says 47 is the 200 period moving average it looks like it wants it i just give it a chance and hold off if you so this is really important and i'm just giving this is this is the scenario that i gave subscribers this morning the reason why we switched from three times long very short term because we're still short to doubt from the august the first high we're staying that way for we're going to keep that way for a little while longer still but we went three times long in the recent rally just before the rally and we're taking profits we just we're out and this morning i said if such and such happens and then such such happens get out of the s the three times long and switch to the three times short only because if the day closes ugly and the weekend is really bad news wise and sunday night is just not good monday could be very very ugly so it's too late on monday to get into these positions you either have to do it now and you have to have a stop and just say that's the way it is so we've gone aggressive we still long-term short intermediate term i should say short the semiconductors also from august first or second two points of the all-time high we remain short that marvel is in that second so i'm just saying be careful watch the fix index the fix index closes on a weekly basis up near the highs in other words it's already at 20.63 if it holds above 21.50 into the close it's really important into the close you're just going to be careful this weekend that's all i'm saying so have a wonderful have with that said have a wonderful weekend save you for steve rhodes a great program you got check out my opening call


A pack of Avalon cigarettes, please. Yes, sir. Just a moment, sir. Don't forget your change. You'd never guess. But Avalons cost you less. Oh, why not always travel on? Good evening. This is Del King, saying welcome to Avalon time. With Red Foley, Edna Stillwell, Jeanette, the Avalon chorus, Bob Strong and his orchestra, and Red Skelton. The orchestra opens the program with, Tate, what should you do? Important advantages. Outstanding quality, amazing money-saving economy, points of superiority that make Avalon stand apart ahead of others. Now, first, the quality. Avalons are positively unsurpassed. They're made from the finest Turkish and domestic tobaccos blended to perfection. In fact, you couldn't get finer quality tobacco in any other cigarette regardless of price, regardless of brand. Next, economy. Avalons cost 3 to 5 cents less per pack than other popular price brands, a saving that will net you many, many extra dollars. So the next time you need cigarettes, remember Avalons give you highest quality at a worthwhile saving. Give them a trial. You'd never guess they cost you less. So just before we went on the air, did I hear you tell the cats that I had a very thick head of hair? Yes, but I don't believe I mentioned your hair. You don't bother me, then. I feel great tonight. I just got back from the Lewis and Galento fight in New York City. Lewis against Galento was a case of youth versus aged in the wood. Oh, but both fighters had a marvelous physique. Lewis looked streamlined, and Galento was keg-lined. There were a lot of celebrities there. Jim Farley, Marilyn Guarni. Jim Farley thought that Joe and Tony were playing post office for his benefit. They both kissed the canvas. Grover Whalen, the big world's fair man, he was there in Cognito. He didn't want anybody to recognize him, so he didn't use his private box. He sat out in the main aisle on a big white ball. He rashed up to me, and he says, how they taking it out in Chicago? Remember we had a world's fair here, too? I didn't get it either. But the referee called both fighters to the center of the ring to give them their instructions. And when Galento found out that it was illegal to hit below the belt, he came out wearing a pair of turtleneck trunks with sleeves.  They used to call me the wallpaper kid. I always got a pastin'. I got the lightweight belt, the heavy weight belt, the middle weight belt. In fact, I was belted right out of the business. What a fighter. I used to fight in a full dress suit, you know? That's in case anything happened to me, they could just fold my arms. I was known as a club fighter, and of course, they'd never let me take the club in the ring. I remember my biggest fight was in the Chicago stadium. I walked to the center of the ring, and I took off my robe. Women, that's out in it, I think. It was the night I fought Max. Wavy's baton with an American flag on the end of it. Tell yourself tonight with that red hair, white tie, blue coat, and red, white, and blue striped trousers. Do you like it? It's the one thing I knitted between rehearsals. It's together in honor of 4th of July. Oh, well, listen, if you're trying to be Uncle Sam, where are the whiskers? The whiskers are on Scotland's jokes. Tell me, I know, it's Rogers, the fiddle player. How are you tonight, Roger, my little chronic critic? Hello, Skeleton. Say, I could use you on the 4th of July. Use me? What for? I'm going to light some firecrackers, and I need a little pun. You know, I'll win this guy over, Del. I'm going to treat him nice.  And if I don't work, I'll just kill him. Hello, boys. Hello, Edna. Say, how do you like my red, white, and blue striped outfit, huh? Well, stop turning around.  Say, Ed, is the program going off for the summer so you can take a vacation? No, not a chance. What do you think the radio audience would say if Skeleton went off? They'd say, there goes the show-off. Come to think of it, I do need a vacation. A summer program? Hey, that's an idea. Wonder where we could dig up somebody to replace me. You might try the cemetery. Yeah. I think we've got enough dead beats on here now. Look, hmm. Vacation time, though. Little red schoolhouse. I remember when I left the sixth grade. Good old sixth grade. I'll never forget it. No more books for three months. Just swimming and playing. Then fresh as a daisy, back to the sixth grade. You know, it seemed like it was only yesterday that I was a barefooted boy. See, when did I get my first pair of shoes? Yesterday. You know, if I could get somebody to replace me, I would go on a vacation. Come in. Hey, who's this guy with a flyer suit and goggles? Hey, are you an aviator? Well, I ain't an aviator. Yes, Mr. Skeleton. And you know, it's just oodles and oodles of fun being a cloud hopper. No, not me, boy. It's too bumpy up there. Well, good heavens do what I do. What do you do? I use an air cushion for my undercarriage. Mr. Skeleton, you love it up in the clouds. Why, you just don't know what living is till you get a bird from an eagle.  What's the matter? Are you too warm? Oh, mercy me. No. You see, the suit I've got on is lined with fur, and it just tickles me pink. So I'm going back to the airport, Mr. Skeleton. You see, I'm all of the jitter-blies. Well, I've got to do some blind flying, and I never touch this stuff. Good old Herky. I bet he thinks an air pocket is something for a nudist. Hey, Red. Red, look who is here. Bill Thompson, the old timer from Fiverr McGee and Molly's program. Well, he looks like a kid. Say, what are you doing tonight? He's still romantic, eh, old timer? Say, just how old are you, old timer? Well, now let's see. Back in the days of 49. Now, wait a minute.  Voted for him? I held him on my lap.  Now, you don't look that old to me. Can I help it if I live clean, Johnny? Hey, old timer, do you think you could put on a radio show so I could take a vacation this summer? Sure could, Johnny. Got some good Western stuff, and I could do a program called Death Valley Days. You can't do that. I say you can't do that. There's a program on the air now called Death Valley Days. Maybe you might put on one and call it Rudy Valley Nights. The old republicans entitled Life Begins At Night. Old timer, I'll bet he remembers when Finn was a huckleberry and not a Mickey. Vacation? Need one. Say, this radio works killing me. Oh, just a half hour a week with maybe another half hour with your writers on the script? Yeah, what do you mean a half hour on the script? Look, when we finished the script Monday, it was so late Tuesday morning, I didn't get the bed Wednesday afternoon till Thursday evening at 10 o'clock Friday night. Well, if that's the case, how about letting me take over the program for the summer? Now, I could, well, it's my voice instructor, Professor Tommy Mag. Yes, and I'm just the guy to take your point down the air. Well, I can teach everybody in the country to proper way to speak. You're going to sound funny when the president starts a fireside chat by saying, my poor look, Professor, you couldn't teach people to speak. There's not the, look, let's hear you say, she sells seashells down by the seashore. Oh, that's a 10. Go ahead, say. She sells, she sells, she sells, she sells. She pedals clams down by the waterfront. She pedals clams down by the waterfront. Now, listen, on the way, I'm going to show everybody how to get wet control. Here, let me show you. Pull in your stomach. Touching my back bone now. Oh, no, you better let your stomach out. Why? Your pants just went to half mass. Now, I want to show you, it's a contruction of syllables. Now, take a poem like, rubber dub dub, three men in a tub. That's what I'm talking about. Of course, I'm going to ask some questions when I'm in a tub. Who do you think would dare to butcher the bacon to candlestick, mate? Hey, screwball, you're gutting my hair.  Why did you chop up your stuff? I think I better step outside a few minutes, then. Get a bit of fresh air. Say, red fully, how about singing a beautiful number, Chapel in the Moonlight? All right, red. It is at the pros, and read the chapel in the moon. Candidates around for the summer program. Oh, yes, indeed, there are. There's one gentleman here that we all know, red. None other than that. They won and only known from coast to coast. He has his picture at every post office in the country. Come inside this program entitled, Cozy Little Chats for Nosey Little Darling. Oh, you don't do the Rover, boys, at reform school. Say, just a minute here, have you got a script ready? Oh, a script, script, certainly, certainly. Let's see, where to put that script? Right here in my pocket. Just a minute, my boy, while I look. Radio script, radio script. Here's a letter from a Georgia boy doing five at Atlanta. Doing five at Atlanta, five. Oh, well, one of my drawings, a hangnail sketch of a hangman's nose. Lines are a bit shaky. I sketched them while riding a fast moving rail out of town. Yes, indeed, a little pamphlet on how to remove tar and feathers. Comes in very handy times. And a punch board. Punch board, you wouldn't care to throw a left hook at it, would you? No, no, come on, where's the radio? All right, take it easy, carrot top, I'll find a scissor can. Let's see, I got here pocket knife with attachments, including a hacksaw, gemmy, black jack and a glass cutter. Handy little tool. Wonder what this knife blade is for. Click on that, I have an interesting book on how to start a fire by Arson Well. It has a magnet, a pocket comb with buck teeth. A check for short bair. Well, well, imagine that, no radio script. Must have left it at the board meeting. Nice chaps on that parole board. Must go back and get it. Hope I remember the name I gave him. Funny how I go through life making an alias out of myself. Hey, I'm lucky that guy didn't talk me into spending my vacation at Leavenworth. A lady's in judgment for those who've tuned in late. This is not we the people. What's the difference, as long as you wild the people? Now they're starting to jump out and behind gag. Now don't tell me you've got a program to replace this one. Sightly. Sure. With hypnotism. Well, there's no tea leaves around here. This is the Avalon cigarette program. So I'm reading The Ashes. Now that hypnotism sounds like something interesting for the listeners. Say, put me in a trance so that I can have a preview of what I could expect on a vacation. Up in the Northwood some place. Okay. Just tell yourself where you want to go and so soon you're in the sentence, I'll have you in a trance some. Look, I wanna dream about a vacation up in the Northwood. Look me in the eye if you'll be so kindly. Which is the good one? The other one. Well, look, I like to get about a hundred miles away from radio, from friends, from the radio. Look me in the eye. My friends, and those scripts. Unleashed it, boy! Oh, boy, all alone up in the Northwoods at last. No radio cast to rip me, no Stooges to heckle me. Perfectly quiet. Boy, this is the life. See, what shall I fix to eat? Short ribs, Stooged tomatoes, skeleton, corn, a dice of ham, and heckleberry pie. Yeah. Who said that? I could have sworn I heard a voice. Oh, it's probably just some hangover from a blood test. Yes, by the time though, I was going to ask myself a very serious question.  Yeah. Say, that sounded like that. No, it couldn't be. Let's see, what was the question I was going to ask myself? Oh, yeah. What is a radio comedian anyhow? A screwball whose mind suddenly went blank. Yeah. That's Roger's voice, or I'm a monkey's uncle? Hello, Uncle Red. Yeah.  That ain't possible. Don't tell me that I've forgotten those Borderville days. I'm a radio comedian. I'm having one of those radio nightmares. No, I'll pinch myself and wake up. Oh, watch who you're pinching. Oh, you're getting jittery. I'll take this gun, go out and hunt some deers. Say, is that a deer over there? Well, that ain't a bullmose. Bet those are just echoes. Sure, that's what they are. I'm standing on the edge of Echo Canyon. I think I'll try out a few echoes. Hello, hello. How are you? How are you? Borderville. Borderville. Guy, she even Borderville coming back. It can't be. My mind's wandering. I'm losing my mind. No. Coming. Not enough sleep, writing scripts. That's what's doing it. I can't take it. Voices, heckling, stooges. Every time I open my mouth. Telegram for Mr. Scalvin. Telegram for Mr. Scalvin. Hey, Scalvin, hey, Scalvin, hey, Scalvin. You never get it, they cost you less. Good heavens, the old town. Where did he go? Well, well, well. Here's a telegram. What? Here's a telegram for you. Well, gee, where am I? Oh, gee, I must have dozed off to sleep there. Boy, what a dream I just had. Well, here's a telegram for you from the radio critic. Radio critics? Let's see what it says. It says, don't take a vacation, Scalvin. We need you for the hot summer months because you're the only man in radio who always leaves his audience cold. Ladies and gentlemen, it's just like finding money when you switch to Avalon cigarettes. You see, Avalons cost three to five cents less than other popular price brands. And that repeated saving of three to five cents on every pack of cigarettes you smoke turns into many, many dollars in a very short time. And remember this. It's extra money you'd never have otherwise. But without knowing, you'd never guess they cost you less. Because you get this money-saving economy in Avalons as an extra. Their quality cannot be surpassed by any other cigarette, regardless of price, regardless of brand. Avalons are made from the very finest Turkish and domestic tobaccos that grow. Yes, ladies and gentlemen, Avalons are cigarettes that are long on quality, short on cost. Try a fact tonight. Well, I guess that's about all for the... Hey, what's this, Del?  Well, how about that? We haven't got any finish to the show. What, no finish to the show? Well, well, imagine that. No finish to the show. Thought I had one in my pocket. Yes! Well, maybe you could use this for a finish. Can of varnish. Wonderful finish. Yeah. That finish is all right. Good night, ladies and gentlemen. See you next week. Remember, friends, during the week when you ask for Avalons... Don't forget your change. You'd never guess. But Avalons cost only 10 cents, plus city or state tax. Next Saturday evening at the same time when the Brown and Williamson Tobacco Corporation will again present Avalon Time. The characters of Horatio K. Boomer and the Old Timer were portrayed by Bill Thompson through the courtesy of the makers of Johnson's Wax. Del King speaking. Good night. And this program is from the second film. This is the National Broadcasting...


What's up everybody? I hope you're doing super well. Ricky Caruth coming at you and I want to, I'm fixing to go off about these lawsuits. I haven't talked about the lawsuits in several weeks. I took all the videos down about the lawsuits and all that stuff. But here recently the DOJ turned down the settlement for the Nosellic case. So let me tell you what, what I see happening here and I want you to be prepared for this, right? Nothing really changes. We're seeing a little changes here and there with sellers saying, Hey, am I going to buy the pay the buyer agent commission or I'm going to give you the listing for 3%. In today's world, as it stands, those are pocket listings. Those are for sell by owners who say, bring me a buyer for 3%. But the world that we will eventually get to, I believe it's all but guaranteed is a world where, and this is what, you know, the DOJ wants, this is what the Federal Trade Commission wants. This is what consumers want. This is what the lawyers want. This is what everybody's wanting. Okay. So be careful what you wish for. But if this is what you want, this is what you're going to get. They want the sellers to pay for their own agent. They want the buyers to pay for their own agent. Fine.  You know, a lot of agents that come into the business, they're new agents.  Well, right now we work with any buyer that comes into our stratosphere. Okay. We don't really turn many buyers down. Okay. Hardly any at all. Probably none. I know I never turn any buyers down. You want to see property? I'll show you property. Right. And I knew that if they bought something, you know, I was going to help them buy it. I was going to get paid. It was guaranteed to get paid in that situation. Not anymore. Not anymore. We will eventually get to a place where sellers are going to list for 3%, no buyer agent fee. And what we're going to have to do is we're going to have conversations with buyers that we used to also have for sellers. We will, we sit down with a seller. We go through the listing presentation. We tell them exactly everything we're going to do and how much we're going to make. This is how we get paid. Boom. They sign it. Now we're working together. We're going to have to start having the same exact conversation with buyers before we even start working with them. Sit down. Say, here's what we do. Here's how we get paid. This is my fee. If I don't collect this from the seller, we'll try to collect it from the seller. But if we don't, then you're going to have to come up with it. If they sign that piece of paper, then you're working with that buyer exclusively.  That's not going to happen. It's still going to happen a little bit because you're always going to have those wishy-washy people. But the most part, it's going to cut down on that a lot. Okay? But we're not going to be in a situation where a new agent could come in with no experience and have the skill level to talk to buyers about and have that conversation. So now what? And that's where we're going to lose a lot of agents.  Something falls in your lap. You help them buy something to get paid. It's automatic. It's there. But in this next world that we're, that we're eventually going to, we're going to be in a place where it's not guaranteed. And now you're going to have to have that conversation, that hard conversation that you don't want to have with sellers. The reason why you don't want to list properties because you don't want to talk to them about how you get paid or, you know, how much they're going to have to pay you. You don't want to have that, how much is your commission conversation or will you negotiate your commission conversation? You're scared to have that conversation. And that's why you depend on buyers now, but in the new world, you're going to have to have that conversation with buyers. So what's that going to do? It's going to knock you right out of the business if you're not willing to actually start running a business, talking to every client. I mean, it's like a lawyer, right? When you talk to a lawyer, you talk to the lawyer and they, you know, hear about your situation and say, okay, great. I got your situation. I'm glad to have, I'm going to send you an engagement letter, sign the engagement letter and send me a retainer and I'll get right to work. It's going to be the same thing with buyers now, you know? And you may or may not ask for a retainer, although I have a call well banker agents telling me, reaching out saying, hey, we have this new, you know, we have this new situation and call well bankers telling us that here's our new disclosures. Here's our new buyer agency agreement where we have to ask for a retainer before we can even start showing property. Now, I don't know if that's true or not. Okay. I'm just hearing third party from, you know, CB agents telling me that, you know, maybe it's true, maybe it's not, but I do believe the brokerages are going to start leaning in that direction because they're scared to get sued and they're scared about the outcome of this and they don't, they don't want to put themselves in a vulnerable situation. All this is still up in the air. Okay. We have the appeal thing going on with the, with the original case that's such a Burnett trial, you know, like NAR hasn't even fully committed to appealing that's going through the process. We don't have a judge ruling on that. We have all these copycat cases that have popped up and, and, you know, like if the appeal happens on Sister Burnett, that could be drug out for, you know, two, three, four, five, six years. While all these other copycat cases are going to court, it's just, it's literally a mess.  Number one, I'll talk about NAR, right? And NAR, the problem is, is that buyer agents haven't educated buyers on what we do, how we get paid. Therefore, the buyers don't really know what we do, how we get paid. That's why they were like, oh, I don't need an agent, right? Because they don't know what we do. If they knew what we did, then they would say, I do need an agent. And then when they go to closing, it's like, they didn't really know how we got paid. Then at closing, like we magically get this big check and they don't even really know how. And they're just like, that was weird. And that, that's what the general public, like let's just say, let's just, you know, speak stereotypically here that buyers walk away from the transaction, kind of confused. Like, you know, they went above and beyond, been over backwards, great experience. And then I don't even know how they get made all that money. You know, they're worth it. They made all that money and happy they made that money, came out of the price. But how'd that happen? It's like magical, right? We haven't educated the general public on what we do as agents and how we do it, what we do and how we get paid. That's a big issue and it's got to change. On the other side, NAR. NAR does so much for us as the real estate industry, but they've done a really horrible job educating us on exactly what they do. It's the same exact situation. So buyers are sitting here saying, you know, we don't need, we don't need agents. What do they do? Right? And you got an agent saying, we don't need NAR. What do they do? Sound familiar? It's the same exact situation, right? And what does NAR do?  Okay. If we go W2, we're all employees making minimum wage or whatever, right? Whatever that world looks like. Totally different world, right? 1099, we're business owners. We're not forced to work certain hours.  Those companies are not profitable, but they are out there and they give bad service. Why? Because at five o'clock, they're done. They're not, they're not going to answer the phone. They're not working. They're not answering questions, right? But the buyers and sellers need stuff 24-7. You know, they need, they need help 24-7. They need to see property 24-7. They've got questions 24-7. We've got inspection repair dinners happening. We've got negotiations going on. But the employee isn't really, doesn't really have financial incentive to give you that service after hours and, you know, to even give you a higher level of service. It's a totally different ballgame. 1099 allows you to be a business owner, an independent contractor that goes out there and works whenever you're on call, work, not work. It's your choice. It's your business. NAR works, works towards fighting for, for that, for that issue.  Where do you think that came from? Right? That was NAR fighting on Congress for PPP. There's, there's a lot of things, man. When you look back through the years and all the laws and different things that's happened that NAR has been a part of that fought for us as an industry. It's crazy, but they just don't understand this because NAR does a bad job of educating us on exactly what they do. And we're literally in the same boat as a buyer agent to the buyers.  Number one, there should be some changes, but number two, there needs to be more transparency around what they do because they do a lot. I don't agree with anything they do, but I would say a good 80% of it is in your best interest as a real tour and that it needs to be in place. It needs to continue to stay in place. Now back to the commission thing. We are going through this world where this is going to happen. Now you might say, well, when I go to a seller, I'm just going to say, you know, you need to pay the buyer agent commission so you can have exposure to all these buyers. And the seller is going to say, well, it's kind of like for sale bounder. As a for sale bounder, they know that it's better to go with an agent, but they want to try this for sale bounder for a while, and then they list it, right? Same thing is going to happen here, right? They're going to list it. They're going to say, well, I don't have to pay it. Well, I'm just not going to offer it at first and see what happens. Maybe I'll sell it. Maybe I'll save that 2%, 3%. And but if I don't sell it, maybe instead of reducing the price, well, we'll say we'll pay a buyer agent commission and then see how it goes. That's what we're going to see. You're also going to be up against other agents, right? You may say, well, if you're going to do 3%, then I'm not going to do this, this and this, right? Minus services, right? At 3%, I'll do this. 4% I'll do this. 5% I'll do this. Well, you're going to be up against agents who are willing to go to 2%, 2.5%, even do 3% full service.  You're telling me you're only going to do X, Y and Z. So I'm going to go with Billy because he's going to give me full service and he says he can get the job done. You're also going to have sellers who have friends or other sellers that they know who got their property sold for full price without paying the buyer agent commission, right? Or without offering the buyer agent commission. So you're going to be up against this stuff. You make, you can sit there and say, well, I'll just negotiate it or I'll tell them why we need to do this, why need to do that. The market's going to determine this for you. You're not going to have a say so in it because they'll just go somewhere else. And now you're up against the market and what other people are willing to do. You know, same thing on the buyer side. When you're sitting down writing out a buyer agency agreement and you say, hey, I'm doing it for 2%, you might have some flat fee people out there say, hey, we do 35 or $3,500. We'll handle the whole thing for you. Show the property negotiate. Do give you full service, you know, for whatever the flat fee is, whatever the case may be. But we're heading in this direction. The reason for this video is I want you to be prepared mentally. Now we're still in the world that we're in. So what do you need to do? Squeeze it for every last drop you can until these rules, these new changes come into effect. You need to be taking advantage of this while it is here, ladies and gentlemen, I've been talking about January going to be the busiest January you've ever seen in your life. And I've been telling you, you need to stack as many listings as you can because everything's going under contract in January. Did you do that? I don't know. I don't know if you take my advice. I don't know if you listen to what I'm saying about the market and the trends and the opportunities. I hope you do. And I know some of you do. You've got to go all in, guys. You have to go all in. Now, preparing for this and thinking about this, you know, some of you may comment below and say, you know, nothing's going to change. Here's the thing. A lot of agents, we've been faced with so much of this in the past. You know, Zilla, Zilla was going to take our jobs. You know, Amazon was going to come in and take our jobs for salebanner.com was going to take our jobs. AI was going to take our jobs. You know, all these different things have come into the industry. And guess what? Nothing has changed. We still, we're still here. Everything just kind of quietly went away. And that's exactly how a lot of agents are treating the current situation. Like there's these lawsuits, there's going to be these big changes. And agents, it's a boy that cried wolf situation. We don't believe it because we've heard it all before. So it's just, we just think it's quietly just kind of going away, sweeping under the rug. Everything's going to say the same. We're treating this like everything else. And I'm here to tell you, I don't believe that's going to be the case. I could be wrong, but I think it's all but guaranteed. The DOJ wants to see it. The Federal Trade Commission wants to see it. Consumers want to see it. Fine. You want to pay your own commission as a buyer? Awesome. That's the, that's the reward you want to live in. Let's go. Show me the new rules to the game. Now, when you think about information that consumers have these days on the housing market, they know everything. They know all the properties that have sold. They know the history of every property, the sales history. They know all the comps. They know everything for sale. They've seen it all. They know it all. It's all there. And there's even more information about how to do real estate transactions, negotiating contracts, writing contracts, the whole nine yards. It's all right there. Literally, the, the, the general public has more information today than they've ever had in history right now. But the usage of real estate agents is the highest also that it's ever been in history. So, so the amount of information has spiked over the last 10 years, five years of how much information the consumers have behind making decisions to buy and sell real estate, so on and so forth. But the uses of agents has also spiked. Why is that? Well, it's because the more information they have, the more complicated the process really is. They've got so much stuff getting thrown at them. What do you think's going to happen in the new world? It's going to be much more complicated. It's going to be much more complicated. And the problem, here's the problem, is that when we go this direction where buyers have to pay their own fee and the seller is unwilling to pay it, now what? You're in a situation where the agent, you know, I mean, if the buyer signed an agreement saying they're going to pay it, if we can't get it from the seller, then okay, there you go. They're going to have to pay it. They signed a contract to that. Let's say they signed it, but they couldn't really afford it. Just hoping the seller was going to pay it. Now you're in a situation and then you've got the buyers who just can't pay it. They're not going to sign that agreement. What are they going to do? They're going to go straight to the listing agent. When they go straight to the listing agent, this is literally the system forcing more dual agency, forcing more dual agency. And now you're going to have more buyers, right? Because right now they get representation. It's figured into the deal. Later, you're going to have this group of buyers. You're going to have, you're going to have buyers that pay the buyer agent commission and we negotiate it into deals. We put it in the offer and all that stuff. But you're going to have this group of buyers that go unrepresented, that were before all these changes happened, were represented. So it's going to increase the amount of buyers who are unrepresented, who have to go straight to the listing agent. And guess what? They're going to feel like the system's against them because now they're forced because they can't afford it. They're forced to deal with somebody who represents the seller, not them, who's looking out for the seller's best interest, not theirs.  Here comes the next class action lawsuit about dual agency. That's the direction we're going in. And there's also going to be a lot more. I mean, if you look at these countries that have this same setup where the buyer pays their commission, the seller pays their commission, there's far more lawsuits. The insurance, the end, there's going to be insurances come out that actually cover these types of lawsuits and this kind of liability. And these insurance companies are just going to rack up. But there's going to be more lawsuits concerning this dual agency thing. And if you look at these other countries that are in this situation, they have more lawsuits. And they're actually looking, these other countries are actually looking at our current MLS model where we do share commissions in the whole nine yards. These countries are looking at this model right now as we speak. They're looking at our model that we currently have and they are trying to adopt it. They are looking to adopt what we're doing. And so what's so ironic here and what's so funny is that you've got other countries who operate the way we're trying to operate and these same countries are trying to operate the way we're operating right now. Right? And that's, it's just hilarious because I feel like we're going back in time. But if this is what happens, if these are the new rules to the game, sign me up, Johnny, because I'm ready to play. Now, when, I'm going to say when this happens because again, I feel this is all but guaranteed. When this happens, we're going to lose 20 to 40 percent. I mean, you know, my buddy James Dwiggins, CEO of Nextome, he says 40 percent. We're going to lose 40 percent of the agent count in the country. That's a lot. I mean, let's just say we're at 1.5 million agents right now. So we're going to get down to what? 800, 850, 250,000 real estate agents in the country, you know? So again, and it's going to be because right now, everything falls in your lap. Buyers come in, you help them. You're going to go over the top to help them. You're going to help them buy something. They're going to get representation, but we're not explaining what we do and how we get paid. We magically get paid automatically from the deal it's figured in and everything's all good. Well, in the new world, that doesn't happen. We have to sit down with the buyer before we even start to work for them. And we have to explain what we do, how we get paid. And we'll try to get that from the seller, but if not, you're going to have to pay it. Those are going to be conversations that those 40% of agents who quit aren't willing to have. They're willing to leave the industry, then have those, and they're not even difficult conversations. It's just business. It's just like, this is what we do. Like if you want to hire me, it's like a lawyer, right? I've heard your situation. I'm happy to help. Hire me. This is what I do. Here's the letter of engagement. Here's the buyer agency agreement. This is how I get paid. Let's get to work. And we're going to lose a lot of agents. Don't be one of those agents, guys. Reach out to me. Reach out to somebody. Work on your skills. You know, number one, let's work on our skills to be a listing agent. You know, we do a listing challenge every month. We do weekly calls. Go to zero to diamond.com right now. We've got agents picking up 10, 20 listings a month. Be a listing agent. Okay, number one, focus on property owners to buy and sell. You know, that's the first thing you should do. But outside of that, reach out to people and develop your skills. But don't be one of these agents that leaves the business. Now, if you are one of these agents to leave the business, so be it. Okay? But the ones that are left are going to be sitting in a really good situation because now, when you work with a buyer, they sign something and you know, you know, you're getting paid. You know that they're not working with other agents. Okay? It's an exclusive agreement. You're explaining to them the exclusivity. You're explaining to them what all you're going to do. They've agreed and said, yes, I want those services and I'm willing to pay for them. And so now you will be in a position where you don't work with every buyer that comes across your desk. You're going to have buyers that look at that and say, I don't want to do it. Great. We can't work together.  People that hired you. Right now, we're working for people who haven't necessarily hired us because the deals, the commission is figured in and we can go work with them, represent them and get paid. But in the future, we're only going to work with people who hire us to do so. And this is going to be great for the higher level agents that are good at this. Right? The ones that are great at listing properties that are great at doing the listing appointments and going through the listing agreement and getting signatures and all that are going to be the same ones that are great at these buyer consultations to explain what we do, how we do and how we get paid. But you're not going to be wasting your time on people who, A, haven't hired you exclusively and B, haven't agreed to pay you if we can't get it from the seller. So for me, would I love to keep the current model? Yes. Do I feel like there's a huge flaw with the education between the agents and the buyers and the sellers? Yes. That's something that needs to change. I think that the pendulum is getting swung way too far in the wrong, in the wrong direction. We're going, we're going back in time. This is the way business used to be done, you know, 40, 50 years ago. We're going, we're going to a model that other countries are doing where there's, you know, I don't know the percentages of more lawsuits, but it's tremendously higher. So do I like going, going that extreme? No, I think that somewhere in the middle would be awesome. But again, I don't think consumers understand to the point where they're willing to do that. I think when you put it in front of a seller and you say, Hey, you don't have to pay the buyer agent commission, but you should, they're going to say, well, if I don't have to, I ain't going to. And then there's going to be a chain reaction. There's going to be a trend in the industry.  And if you don't, if you don't come to market, then you're, you're going to lose listings to some of these other agents. This, I'm not trying to scare you. I just believe that this is going to be our new reality. And the only purpose of this video is to prepare you. That's it.  That's all I'm saying guys. So anyway, I hope that you got something out of this. I hope you know how much I care about you deeply and I want to see you succeed more than anything in the world. All right. I'll see you on the next video. Let's get it.