THE VULCAN REPORT Review of $1$ JJA - (Corn Wheat Soybeans) AGRICLTUR ETN (JJA) as of Monday, August 01, 2011 Today's Price Action Change prices closed lower than they opened. 0.9200 (1.54%) with strong Bids going into the close. A hammer occurred (a hammer has a long lower shadow and closes near the high). Hammers must appear after a significant decline or when prices are oversold to be valid. When this occurs, it usually indicates the formation of a support level and is thus considered a bullish pattern. A hanging man occurred (a hanging man has a very long lower shadow and a small real body). This pattern can be bullish or bearish, depending on the trend. If it occurs during an uptrend (which appears to be the case with $1$ JJA - (Corn Wheat Soybeans) AGRICLTUR ETN) it is called a hanging man line and signifies a reversal top. If it occurs during a downtrend it is called a bullish hammer. A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold). A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble. Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. MARKET SENTIMENT PulseScan Swing Vix PulseScan: -2.51 Swing Vix: 0.86 The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 8 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Sold Buy 26 period(s) Ago. The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.The Swing Vix has set a new 14-period low while the security price has not. This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops. *Since the last Swing Vix signal, $1$ JJA - (Corn Wheat Soybeans) AGRICLTUR ETN's price has decreased 0.90%, and has ranged from a high of 61.87 to a low of 59.61. MOMENTUM MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 54.80Slightly Bearish - . TREND STRENGTH - ,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 54.80 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 58.12 INTRADAY PRICE PROJECTIONS RESISTANCE 60.75 place stoploss here SUPPORT 60.11 GO SHORT here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 61.87 PulseWave BreakOut SUPPORT - 60.29 VOLATILITY On 8/1/2011, $1$ JJA - (Corn Wheat Soybeans) AGRICLTUR ETN closed above the lower band by 49.5%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. =========================================================== THE VULCAN REPORT Review of $1$ XLF - FINANCIAL SELEC SPDR ETF (XLF) as of Monday, August 01, 2011 Today's Price Action Change -0.0450 (-0.30%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. MARKET SENTIMENT PulseScan Swing Vix PulseScan: -9.82 Swing Vix: -6.68 The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 2 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Sold Buy 34 period(s) Ago. The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging. *Since the last Swing Vix signal, $1$ XLF - FINANCIAL SELEC SPDR ETF's price has decreased 0.61%, and has ranged from a high of 15.03 to a low of 14.62. MOMENTUM MARKET TREND - Currently the TREND is VERY-BEARISH - Heavy Distribution. TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 15.25 The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 15.47 INTRADAY PRICE PROJECTIONS RESISTANCE 15.05 SUPPORT 14.60 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 15.41 place stoploss here PulseWave BreakOut SUPPORT - 14.48 GO SHORT here Long term Trend Line resistance is currently at - 15.25 Long term Trend Line support is currently at - 13.29 BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 9.38 DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 5.47 DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = 1.56 DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = -2.35 VOLATILITY On 8/1/2011, $1$ XLF - FINANCIAL SELEC SPDR ETF closed above the lower band by 21.1%.
JUST BOUGHT SOME NQ ON THE CLOSE. FILLED RIGHT NEAR THE LOW OF DAY. 2286.00. STOP PLACED AT 2276.00. LOOKING TO PLAY A SHORT TERM BOUNCE TOMORROW. THEN PREPOSITION FOR THE NEXT LEG DOWN.
8/3/2011 - THE VULCAN REPORT THE VULCAN REPORT Review of $0$ EUR/USD FOREX EURO DOLLAR CURRENCY ($EUR/USD SPOT) as of Tuesday, August 02, 2011 Today's Price Action Change -0.0046 (-0.32%) prices closed lower than they opened. with weak Bids going into the close. MARKET SENTIMENT PulseScan Swing Vix PulseScan: 15.70 Swing Vix: 19.93 The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 1 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Bought Sell 37 period(s) Ago. The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging. *Since the last Swing Vix signal, $0$ EUR/USD FOREX EURO DOLLAR CURRENCY's price has decreased 0.32%, and has ranged from a high of 1.4452 to a low of 1.4150. MOMENTUM MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 1.3756. TREND STRENGTH - Bearish KUMO-BREAKDOWN,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1.3756 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1.3916 INTRADAY PRICE PROJECTIONS RESISTANCE 1.4289 place stoploss here SUPPORT 1.4143 GO SHORT here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 1.4632 PulseWave BreakOut SUPPORT - 1.4163 VOLATILITY On 8/2/2011, $0$ EUR/USD FOREX EURO DOLLAR CURRENCY closed above the lower band by 43.1%. ============================================= THE VULCAN REPORT Review of $0$ CL - LIGHT CRUDE COMPOSITE Continuous (@:CLC1#I) as of Tuesday, August 02, 2011 Today's Price Action Change -1.7000 (-1.79%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. MARKET SENTIMENT PulseScan Swing Vix PulseScan: -18.46 Swing Vix: -11.22 The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 4 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Bought Sell 79 period(s) Ago. The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish. *Since the last Swing Vix signal, $0$ CL - LIGHT CRUDE COMPOSITE Continuous's price has decreased 4.09%, and has ranged from a high of 99.50 to a low of 93.08. MOMENTUM MARKET TREND - Currently the TREND is - The UpTrend is still entact with prices holding above trendline support at- 92.79. TREND STRENGTH - Bearish KUMO-BREAKDOWN,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 92.79 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 92.56 INTRADAY PRICE PROJECTIONS RESISTANCE 95.81 place stoploss here GO LONG here SUPPORT 92.95 GO SHORT here place stoploss here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 102.06 place stoploss here PulseWave BreakOut SUPPORT - 92.13 GO SHORT here VOLATILITY On 8/2/2011, $0$ CL - LIGHT CRUDE COMPOSITE Continuous closed below the lower band by 10.5%. =======================================
THE VULCAN REPORT Review of $0$ DX - US DOLLAR INDEX ICE Continuous (@XC1#I) as of Tuesday, August 02, 2011 Today's Price Action Change 0.1300 (0.17%) prices closed higher than they opened. with strong Bids going into the close. MARKET SENTIMENT PulseScan Swing Vix PulseScan: -26.93 Swing Vix: -29.74 The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of 3 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Sold Buy 3 period(s) Ago. The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging. *Since the last Swing Vix signal, $0$ DX - US DOLLAR INDEX ICE Continuous's price has increased 0.51% , and has ranged from a high of 74.91 to a low of 73.66. MOMENTUM MARKET TREND - Currently the TREND is . TREND STRENGTH - WEAK - RANGE BOUND (Prices have ceased trending and have become consolidated at this time) The market has put in a short term bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,,,BEARISH MOMENTUM TRENDLINE RETRACEMENT The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 78.25 The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 77.31 INTRADAY PRICE PROJECTIONS RESISTANCE 74.94 place stoploss here SUPPORT 74.31 GO SHORT here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 75.10 place stoploss here PulseWave BreakOut SUPPORT - 73.06 GO SHORT here Long term Trend Line resistance is currently at - 78.25 Long term Trend Line support is currently at - 72.86 BEAR MARKET DOWNTREND - (12-18mo) PRICE TARGET = 62.08 DEFLATED BUBBLE PHASE I - (24-36mo) PRICE DESTRUCTION TARGET = 51.31 DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET = 40.53 DEFLATED BUBBLE PHASE 3 - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET = 29.76 VOLATILITY On 8/2/2011, $0$ DX - US DOLLAR INDEX ICE Continuous closed above the lower band by 38.9%. ================================================= THE VULCAN REPORT Review of $0$ XAU/USD - GOLD Spot (XAU USD) as of Tuesday, August 02, 2011 Today's Price Action Change 40.0000 (2.47%) prices closed higher than they opened. with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout. Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish. MARKET SENTIMENT PulseScan Swing Vix PulseScan: 38.61 Swing Vix: 38.86 The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 2 period(s) ago. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Bought Sell 1 period(s) Ago. The Swing Vix does not currently show any Failure Swings.The security price has set a new 14-period high while the Swing Vix has not. This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops. *Since the last Swing Vix signal, $0$ XAU/USD - GOLD Spot's price has increased 2.04% , and has ranged from a high of 1,664.50 to a low of 1,608.20. MOMENTUM MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation. TREND STRENGTH - STRONG - Bullish Trend,,BULLISH MOMENTUM, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 1,427.55 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 1,412.82 INTRADAY PRICE PROJECTIONS RESISTANCE 1,666.79 GO LONG here SUPPORT 1,616.52 place stoploss here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 1,622.17 PulseWave BreakOut SUPPORT - 1,566.17 MONTHLY PRICE PROJECTIONS BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 2,138.39 Long term Trend Line resistance is currently at - 1,664.50 Long term Trend Line support is currently at - 1,427.55 MONTHLY PRICE PROJECTIONS BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 3,560.06 BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 3,086.17 BUBBLE PHASE I - (24-36mo) PRICE TARGET = 2,612.28 VOLATILITY On 8/2/2011, $0$ XAU/USD - GOLD Spot closed above the upper band by 1.5%. This combined with the steep uptrend suggests that the upward trend in prices has a good chance of continuing. However, a short-term pull-back inside the bands is likely. ==================================
THE VULCAN REPORT Review of $0$ XAG/USD - SILVER Spot (XAG USD) as of Tuesday, August 02, 2011 Today's Price Action Change 1.5800 (4.02%) prices closed higher than they opened. with strong Bids going into the close.This is generally considered bullish, as prices closed significantly higher than they opened. If the candle appears when prices are "low," it may be the first sign of a bottom. If it occurs when prices are rebounding off of a support area , the long white candle adds credibility to the support. Similarly, if the candle appears during a breakout above a resistance area, the long white candle adds credibility to the breakout. An engulfing bullish line occurred (where a white candle's real body completely contains the previous black candle's real body). The engulfing bullish pattern is bullish during a downtrend. It then signifies that the momentum may be shifting from the bears to the bulls. If the engulfing bullish pattern occurs during an uptrend (which appears to be the case with $0$ XAG/USD - SILVER Spot), it may be a last engulfing top which indicates a top. The test to see if this is the case is if the next candle closes below the top of the current (white) candle's real body. MARKET SENTIMENT PulseScan Swing Vix PulseScan: 24.87 Swing Vix: 26.69 The Market Pulse is positive since it is trading above its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 4 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Bought Sell 10 period(s) Ago. The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish.The Swing Vix has set a new 14-period low while the security price has not. This is a bearish divergence. Since the PulseScan leads the market 3-5 days out we will wait to see if downside pressure develops. *Since the last Swing Vix signal, $0$ XAG/USD - SILVER Spot's price has increased 1.52% , and has ranged from a high of 41.46 to a low of 39.04. MOMENTUM MARKET TREND - Currently the TREND is - Neutral within the Bearish KUMO Consolidation cloud(Possible Trend Reversal) with Upside Bullish Breakout risk. A close below 35.59 is needed to re-establish the downward trend. However a close above 41.06 will establish a new upward trend. TREND STRENGTH - ,,, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 33.78 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 31.73 INTRADAY PRICE PROJECTIONS RESISTANCE 40.96 GO LONG here SUPPORT 39.13 place stoploss here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 41.96 PulseWave BreakOut SUPPORT - 38.43 VOLATILITY On 8/2/2011, $0$ XAG/USD - SILVER Spot closed below the upper band by 20.5%. ====================================================== THE VULCAN REPORT Review of $0$ NDX - NQ E-mini NASDAQ 100 FUTURES ($NDX) as of Tuesday, August 02, 2011 Today's Price Action Change -55.0000 (-2.35%) prices closed lower than they opened. with weak Bids going into the close.This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish. MARKET SENTIMENT PulseScan Swing Vix PulseScan: -21.52 Swing Vix: -13.29 The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of 4 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Bought Sell 15 period(s) Ago. The Swing Vix has just reached its lowest value in the last 14 period(s). This is bearish. *Since the last Swing Vix signal, $0$ NDX - NQ E-mini NASDAQ 100 FUTURES's price has decreased 3.01%, and has ranged from a high of 2,425.75 to a low of 2,285.75. MOMENTUM MARKET TREND - Currently the TREND is VERY-BULLISH - Heavy Accumulation. TREND STRENGTH - STRONG - Bullish Trend,,BULLISH MOMENTUM, TRENDLINE RETRACEMENT The close is currently Above it's PulseWave Cycle TRENDLINE RETRACEMENT. - 2,091.41 The close is currently Above it's Long Term TRENDLINE RETRACEMENT. - 2,204.24 INTRADAY PRICE PROJECTIONS RESISTANCE 2,358.73 place stoploss here SUPPORT 2,282.27 GO SHORT here WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 2,467.50 GO LONG here PulseWave BreakOut SUPPORT - 2,286.17 place stoploss here MONTHLY PRICE PROJECTIONS BULL MARKET UPTREND - (12-18mo) PRICE TARGET = 3,123.68 Long term Trend Line resistance is currently at - 2,435.50 Long term Trend Line support is currently at - 2,091.41 MONTHLY PRICE PROJECTIONS BUBBLE PHASE 3 - (72mo+) (TULIP CRAZE CRASH IMMANENT) PRICE TARGET = 5,188.22 BUBBLE PHASE 2 - (42-60mo) (MARKET FRENZY BUYING) PRICE TARGET = 4,500.04 BUBBLE PHASE I - (24-36mo) PRICE TARGET = 3,811.86 VOLATILITY On 8/2/2011, $0$ NDX - NQ E-mini NASDAQ 100 FUTURES closed below the lower band by 9.6%.
I MUST SAY THAT TODAY TOOK ME BY SURPRISE. I DID NOT SEE IT COMING. GOT STOPPED OUT ON BOTH NASDAQ AND SILVER LONGS. NOT A GOOD DAY BUT SENSE I USE TIGHT STOPS TOTAL LOSS IS ONLY $2K. OH WELL THERE IS ALWAYS TOMORROW.
8/8/2011 - THE VULCAN REPORT THE VULCAN REPORT Review of US DOLLAR INDEX (US@DX.1) as of Friday, August 05, 2011 Today's Price Action Change -0.6300 (-0.84%) prices closed lower than they opened. with weak Bids going into the close. MARKET SENTIMENT PulseScan Swing Vix PulseScan: -6.79 Swing Vix: -10.96 The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed above the Swing Vix creating a UP Trend Channel as of 6 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range. A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area. *The last signal was a Over-Sold Buy 6 period(s) Ago. The Swing Vix has just reached its highest value in the last 14 period(s). This is bullish.The Swing Vix has set a new 14-period high while the security price has not. This is a bullish divergence. Since the PulseScan leads the market 3-5 days out We will wait to see if an upside breakout occurs. *Since the last Swing Vix signal, US DOLLAR INDEX's price has increased 0.46% , and has ranged from a high of 75.64 to a low of 73.75. MOMENTUM MARKET TREND - Currently the TREND is - Neutral within the Bullish KUMO Consolidation cloud (Possible Trend Reversal) with Downside Bearish Breakout risk. A close above 75.30 is needed to re-establish the upward trend. However A close below 74.72 will establish a new downward trend. TREND STRENGTH - ,,, TRENDLINE RETRACEMENT The close is currently Below it's PulseWave Cycle TRENDLINE RETRACEMENT. - 78.25 The close is currently Below it's Long Term TRENDLINE RETRACEMENT. - 77.22 INTRADAY PRICE PROJECTIONS RESISTANCE 75.68 SUPPORT 74.86 WEEKLY PULSE WAVE PRICE PROJECTIONS PulseWave BreakOut RESISTANCE - 75.31 PulseWave BreakOut SUPPORT - 73.33 VOLATILITY On 8/5/2011, US DOLLAR INDEX closed above the lower band by 43.9%. =====================================================