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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 1: and sure they definitely can be, but understanding a professionals

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Speaker 1: It might seem boring to safe plan and make calculated

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Speaker 1: decisions with your bank, but keeping your money boring is

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly

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Speaker 1: Boring since eighteen sixty five is a service mark of

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Speaker 1: the PNC Financial Service Group, Inc. P and C Bank

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Speaker 1: National Association Member FDIC erness What's Up? You ever walk

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Speaker 1: pushing your vision forward.

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Speaker 2: So what advice would you get to anyone who missed

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Speaker 2: out on this record breaking quarter that we just finished.

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Speaker 3: Number one, I think you need to remember that the market,

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Speaker 3: especially the S and P five hundred, is permanently rid

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Speaker 3: to stay up. People always ask me is their market

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Speaker 3: manipulation going on? And I say yes every single day,

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Speaker 3: especially when it comes to SMPN N as that because it's

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Speaker 3: the main two index that we're putting money into.

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Speaker 2: Number two. Decide how much money you're going to put in.

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Speaker 3: Every month, whether that's to fifty five hundred one thousand,

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Speaker 3: two thousand or more per month, and then thirdly block

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Speaker 3: out a lot of the negative news around crashes the

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Speaker 3: market falling apart. Like if the market does crash, great,

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Speaker 3: it's a better buying opportunity. But I think sometimes here

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Speaker 3: like robber Kiyassak and people that are like dooming gloomers,

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Speaker 3: it will cost people not to dollar cost average in

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Speaker 3: every month, and then you look up the quarter ends

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Speaker 3: and then you're like, we had a record month, but

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Speaker 3: not enough shares were bought.

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Speaker 2: If you look we started at four to sixty six.

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Speaker 3: And now we're at fifty three oh four on a

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Speaker 3: S and P few, You're like, that's incredible growth for

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Speaker 3: the S and P five hundreds. So make sure to

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Speaker 3: buy every month, no matter what anyone else is saying,

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Speaker 3: because if nothing else, the S and P is not

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Speaker 3: gonna crash.

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Speaker 2: And then so you're going to see it all over

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Speaker 2: the news. It'll be on Steven A.

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Speaker 3: Smith, Pat mcabee, ABC, Oprah, gonna talk about like special news.

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Speaker 3: You'll see it everywhere. But I think one of the

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Speaker 3: things that we forget is that they'll tell us to

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Speaker 3: buy everything else on sale, but assets to really matter

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Speaker 3: so it can continue to buy every single month.

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Speaker 2: Amazing quarter.

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Speaker 3: For those of you who've been traded it and holding

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Speaker 3: the long term, congrats, But we've had a record run up.

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Speaker 3: I mean even if if you go back to twenty

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Speaker 3: back to October, I mean, there's a thirty six oh

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Speaker 3: four in October of twenty two.

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Speaker 2: Now we're fifty three oh four for an index fund

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Speaker 2: hope for the long term.

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Speaker 1: Yeah, I'm gonna add more color to this because this

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Speaker 1: is interesting if we want to like peel back a

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Speaker 1: little bit. There have been seven times in the past

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Speaker 1: since nineteen seventy five that the S and P has

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Speaker 1: gone on a five month win streak. So we just

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Speaker 1: ended March the first quarter obviously, but this has happened

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Speaker 1: seven times where it's going on a five month win

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Speaker 1: streak over twenty five percent, right, so it's increased by

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Speaker 1: twenty five percent. First time was in seventy five. What

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Speaker 1: happened twice in seventy five, happened in eighty two, happened

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Speaker 1: in eighty six, what happened in January of ninety nine,

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Speaker 1: August of two thousand and nine, April of twenty twenty,

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Speaker 1: and now March of twenty twenty four. It ended at

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Speaker 1: twenty four point six, So I guess we can count

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Speaker 1: that a seven. Now, in those seven times that that

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Speaker 1: has happened, I know people are saying missed out. I'll

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Speaker 1: use different language. I'll say that they didn't participate in

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Speaker 1: this first quarter and the seven times that it has

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Speaker 1: done that, that five month win streak, and it has

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Speaker 1: appreciated over twenty five percent in the six months following.

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Speaker 1: It's only gone down once, and so a lot of

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Speaker 1: people are, hey, it's going to pull back. Is just

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Speaker 1: time to get It's only one time and it was

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Speaker 1: like byzero point one percent. That was in nineteen eighty six.

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Speaker 1: Obviously we know what happened in nineteen eighty seven. So historically,

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Speaker 1: when we see a win streak like this and we

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Speaker 1: look at the momentum, and I'm glad we had JC

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Speaker 1: on to talk about the charge. Yeah, follow momentum, follow

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Speaker 1: the trend, block out the noise, block out the news, right,

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Speaker 1: because's now that we've hit. When we hit four months,

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Speaker 1: it was like, all right, well there's a pullback coming.

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Speaker 1: It can't happen five. Now we're at five and it's

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Speaker 1: like eyes five, it can't be six. Will it be

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Speaker 1: a pullback at some point. Sure, sure, sure, but the

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Speaker 1: fact if you didn't participate in the first three months

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Speaker 1: doesn't mean you should not participate in the second and

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Speaker 1: definitely by the end of the year. Historically, from what

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Speaker 1: the market has done six almost one hundred percent of

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Speaker 1: the time, if it's going up twenty five percent in

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Speaker 1: five month streak by the end of the year and

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Speaker 1: it's also gone.

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Speaker 3: Up absolutely Also, you can look at the inflows, which

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Speaker 3: means how much money hedge funds are putting into the

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Speaker 3: S and P five hundred. When they get to record

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Speaker 3: low outflows, that's a good time to buys for the sugget.

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Speaker 3: You can write down and buy when the outflows are

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Speaker 3: at record lows. But I mean this has been on

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Speaker 3: a tear for my traders. You can look at the

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Speaker 3: day chart, or if you aren't finding a good entry,

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Speaker 3: you can look at the hourly chart to place a

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Speaker 3: long term investment. So if the market drops tremendously on

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Speaker 3: a one hour chart, you can then get in and

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Speaker 3: then buy it for a long term. But I think

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Speaker 3: it's a huge mistake to think that the S and

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Speaker 3: P five hundred is going to fall apart, and even

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Speaker 3: when it has fallen twenty twenty five percent. The returns

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Speaker 3: over the next four or five years have been absolutely tremendous,

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Speaker 3: even since.

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Speaker 2: We started the show.

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Speaker 3: Like if we look where we were at in twenty twenty,

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Speaker 3: it was a spy was at two twenty.

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Speaker 2: It's now a five to twenty three for an index. Fine, yeah, yeah, And.

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Speaker 1: Just by sector, I'll read off the year of the date, right,

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Speaker 1: communication services it leads aways up fifteen percent, Technologies up

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Speaker 1: twelve percent, Energy is up eleven percent, Financials up eleven percent,

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Speaker 1: even with interest rates where they are.

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Speaker 2: Financials is up eleven percent. Industrials are up ten percent.

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Speaker 1: But the sector we talk about, and we spoke about

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Speaker 1: it over the past month maybe two months, and I

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Speaker 1: know you talk about all the time, and is healthcare,

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Speaker 1: and that's single bit is that's up eight percent.

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Speaker 2: Yeah, But there is a sector.

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Speaker 1: Which I think definitely with interest rates coming down over

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Speaker 1: the next six to eight months, right the Feds saying

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Speaker 1: that they're going to bring rights down, real estate. That

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Speaker 1: sector is off by three percent in the first three

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Speaker 1: months of this year, the first quarter. So if you're

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Speaker 1: looking at conditions lower interest rates. We've talked about a

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Speaker 1: home buying crisis with a home building crisis with Don Peebles.

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Speaker 1: They're starting to see some indicators that this might be

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Speaker 1: an area that, hey, if we're not looking at it,

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Speaker 1: and especially if we looked at all these other sectors,

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Speaker 1: that there might be some growth ahead.

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Speaker 3: I would keep it out on real estate. Yeah, agree,

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Speaker 3: one thousand percent. Hope for the long term. I don't

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Speaker 3: know how to say it any simpler. If we keep

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Speaker 3: at this pace, the we should end around we want.

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Speaker 2: Second, you're about to raise a price target for the

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Speaker 2: sm B.

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Speaker 3: Yeah, I gotta go on to five fifty three. I mean,

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Speaker 3: and listen an election that's coming up. You need every

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Speaker 3: advantage to be able to win. We'll talk about Trumping

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Speaker 3: a little bit and his financial thing that he's doing

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Speaker 3: with the stock.

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Speaker 2: But you need everything going in your favor.

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Speaker 3: So if the overall economy is slowing down for the

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Speaker 3: regular person, you at least need the stock market to

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Speaker 3: be going up so people can look at their retirement

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Speaker 3: and have like a semblance of safety.

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Speaker 2: So you continue to hold for the long term because in.

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Speaker 3: Four years we may be talking about S and P

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Speaker 3: being that a thousand, which is crazy.

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Speaker 4: An illegal alien from Guatemala charged with raping a child

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Speaker 4: in Massachusetts. An MS thirteen gang member from El Salvador

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Speaker 4: accused of murdering a Texas man of Venezuelan charged with

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Speaker 4: filming and selling child pornography in Michigan. These are just

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Speaker 4: some of the heinous migrant criminals caught because of President

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Speaker 4: Donald J. Trump's leadership. I'm Christy nom the United States

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Speaker 4: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 4: crossings are at the lowest levels ever recorded, and over

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Speaker 4: one hundred thousand illegal aliens have been arrested. If you

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Speaker 4: are here illegally, your next you will be fine nearly

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Speaker 4: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 4: never return. But if you register using our CBP home

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Speaker 4: app and leave now, you could be allowed to return legally.

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Speaker 4: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 4: border and families will be protected.

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Speaker 2: Sponsored by the United States Department of Homeland Security,