Chaos Clinic Recap
Here are Al's comments
3:11 I'm done -sorry today was such a dud- I don't make'em, I just trade'em
Thanks for coming-see you next week-take a course
3:04 watching my dogs snooze is more interesting :)
2:52 flattest day I've seen in years
2:42 posted a Face of God chart in the CCT Room
2:32 moving sell stop to 1134.75 -may not break down but if it does, I want in
2:22 after 2:30 I expect some selling as position traders cover longs on uncertain economic news
2:15 still distributing; can't go up, can't go down
2:08 updated my FOP chart in the CCT room
2:03 fell back into my original Fractal of Pi -bearish
1:51 back down to the Moon -T225 flux -failed to break out to the upside; putting sell stop 1134
1:45 today's pattern is a rising wedge with the apex at the end of the day
1:36 too early for 3rd trade, so just watching
1:34 now new highs
1:21 failed to breakout, so have a double top on Sun flux; last trade time of 14:46 could be interesting
1:16 testing high
1:12 on the MTRainbow chart the 440 EXMA is still slowly up
1:05 gave it up for -1; just too dull
1:01 chaotic systems balance like this, then make chaotic breaks; chaos follows dullness
12:58 two hour range is down to 3 points
12:50 coming to the Moon T+270 timeline; it could add energy; fractal pattern still intact
12:47 took a short break to get a fress perspective-still looks weak
12:34 stop is in, let it work
12:31 feeling nervous
12:21 this little down swing is consistant with my Fractal of Pi
12:17 back to the Moon -T225 flux; its downward slope creates a bearish bias
12:11 I'm stuck in a distribution pattern; still within fractal boundaries
12:06 minor high on Sun timeline; trade hanging fire
11:56 adjusting my stop to 38.75; 1 point above high
11:52 watching to see effect of passing solar noon
11:39 sold 1135.5 stop 1138
11:37 the 440 EXMA is at 1135.33-if it is broken, we could get a good sell setup
11:34 looking weak-still just watching
11:26 Sun flux looks like resistance at 1137.75 as pass Mercury timeline
11:12 stuck on the Mercury/Moon T-225 flux
11:00 that fractal suggests we could trade fairly flat until late in the day, then drop
10:56 I have placed a Fractal of Pi chart in the Certified Chaos Trader's chat room. That room is
open to all who have taken my 4 main courses. See moneytide.com for more details.
10:44 already in second trade window-stuck on Mercury flux, but looking weak
10:41 out flat
10:40 needs to move soon
10:29 stop 34.5 ; will cover 39 if get there
10:21 stop to 34
10:19 made second effort because got a nice 20/110 EXMA buy setup
10:10 still in trade window; bought 1136 stop 1133;on red -Tide
10:04 on the SPSunMoonMer chart, we got a streak right up the T+315 Moon timeline
9:58 stopped ; probably should have killed it; now just wait for next trade time
9:54 stop still OK-set at a physical resistance
9:49 lots of buzz-so far I'm not impressed
9:42 sold 1132 stop 1136
9:41 1132.50 held; sell stop at 1132
9:39 looking weak; may sell
9:37 on MTRainbow chart, white 440 EXMA is flat-no day trend yet
9:33 testing Mercury flux-just watching-not anxious to trade this dullness
9:28 last swing high was on Mercury flux 1135.75; swing low was at 1132.5; possible sell point at 1132.0
9:26 trading flat - first trade may not set up
9:18 the past 6 weeks have had very low daily ranges, making daytrades very difficult. One needs to use small targets and close stops.
9:14 the MTRainbow chart shows somewhat bearish; the SPSunMoonMer chart shows support on the Moon T045 flux
9:08 today's trade times are 09:42 11:12 and 14:46
9:05 Weaker than expected jobs report has dropped trade below yesterday's high-bearish
9:00 Good morning from Chaos Manor
Besides the comments made by Al, the chat room is has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic
1/8/2010 2:01:04 PM MT JAB:: the acceleration came from the XTide2 separation for today....you have a great idea with that measure Al...future reference....XTide2 significant separations are portents of accelerations and trend changes....Thanks again, Al
1/8/2010 1:46:23 PM MT JAB:: bull has come..... spx = 1144.24.......today was just a tighter version of yesterday.....the fun really starts next week....
1/8/2010 11:37:07 AM MT JAB:: Looks like a bull to me...spx = 1142.08
1/8/2010 10:51:08 AM MT mm****:: We apparently have more stinkers in 2010 - there is one more report at 3:oo - Consumer Credit - I hope this will move the 2:46 Moon Tide CIT
1/8/2010 6:53:34 AM MT Al****:: GM all-good luck today
1/8/2010 5:44:05 AM MT mm****:: gm all - have a great day
9:00 Eastern-System: No comments
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