i often turn to bob lang and tim collins, who have done remarkable work.y technicians vary the length of time over which they measure relevant strength. they like to use ten days, two weeks to get a bead on the relative strength of a stock they're looking for any pattern that reverses the action of the previous period. they love strong, relative strength situations. but they also like to time their buys after pullbacks they really care about bases when a stock gets overbought, it's ripe for a pullback overbought stocks tend to snap back when they've gotten too far away from their trend line a stock can also fall so far, so fast because it's oversold we see this constantly these are terrific action points, people if you were debating buying a stock after doing all the research, i usually tell you wait for a pullback. that almost always comes that's because they've done enough chart work to know that we trace those back to better entry points charting is tricky periodically, some stocks are strong, that they break through all the ceilings, and they stay over

as we move closer to a cashless society, i want to go to bob lang, founder of explosiveoptio explosiveoptio explosiveoptions.net i want to get a better sense of what's happening with visa, mastercard, american express, and discover some of these are doing quite well others not so well but i think the theme is hard to deny, as total credit card debt just surpassed its previous record from right before the financial crisis that may not seem encouraging to some of you. but i think plastic has a long way to go before it hits a wall. just a couple of weeks ago, visa announced they're going the pay visa thousands of dollars to buy the technology they need to go cashless visa takes a small cut of every transaction made, a few thousand bucks is a small price to make to wean off of cash. as the economy expands, the more people qualify for credit. and if we can get some meaningful deregulation, banks could become more aggressive about getting consumers hooked on credit card debt. they partner with the banks, and they let the banks take on the credit risk. that's why we call them thin tech if washingt

this was the 49ers spoke person bob lange.he mayor of santa clara was quick to respond to the statement. >> that is a nice narrative. but we have the facts of the audit. it was done been a professional auditing firm. there are 37 findings that are serious and 37 recommendations. it clearly lays out the amount of money that is owed. so the facts are the facts. and that's what we have to look at. the grand jury mandated this audit, that we do it. this auditing firm works for grand jury s and i have full faith in the audit. >> reporter: and back here live, the mayor told us this morning that the city of santa clara wasn't well equipped to deal with stadium management. they will be working out those details in a public meeting. meanwhile the audit cost the city $200,000. they say if the 49ers don't produce the documents that they withheld, they will pursue and aggressive legal action. we're live in santa clara, rob malcolm, ktvu fox 2 news. >> thank you, rob. >>> the time is 7:36. next month state lawmakers want to determine if ne