Historically, people believe that the Fed sets rates.

The Fed sets only very, very, very short term rates.

The Fed sets its discount rates.

When it comes to market rates, the market is really what directs that and

oddly enough even the feds moving on interest rates follows the market. So it's not that the Fed leads the market. So if you want to know what the Fed's going to do, you

look at what the market's doing. There have been many, many turns we've called in the markets just using, believe it or not, T.L.

And you know, when we've seen turns about to happen in T.L.T. and we go long, within a few months as the rally is taking shape, the Fed starts jabbering

about changing rates. So, you know, when you look at the charts, the charts will tell you what the Fed will do.

The market forces the Fed's hand.

So what are your thoughts if they do cut race in September?

Right, it doesn't make a difference to me because the chart has already been pointing up for some time.

So whether the Fed does it, the weather fell doesn't do it, and it's up to them.

I'm looking at what the market's telling me that rates are going to do and the market's telling me

rates are going to come down at least until we get to the 105 to 110 region on TLT and then I have

we're going to take it one step at a time.

So what other things are you paying attention to in the market or how would you encourage investors to be thinking about things?

What else would you point to?

Well for those for those that are, you know, in the FX world,

we're looking for a sizable decline

starting in the second half of 2024 in the Dixie of all things.

We're looking for a sizable decline in the dollar.

I'm actually looking for the Dixie

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