Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
3:23 I'm done for the day-see you next week-buy something
3:23 covering my 1129.5 at 1122.5 for +7
3:14 covering my hotline trade for +5.5
3:06 now, this is a Chaos Clinic! - stop 1124
2:56 this is a hard break, so I will go for more than +5-stop 1125
2:53 there is the Neptune price I mentioned at 2:00-Time to price move
2:51 right now institutions are looking at bad new and a triple top-stop 1127
2:47 repaired some data-stop 1028
2:31 sold 1127.50 stop 1130.50
2:26 may be an early turn-getting a continuation sell setup-be alert
2:20 the last Tide turn is 2:45 -I'll lookd for a trade there
2:15 the data errors seem to be on the bar lows, so my 20 and 110 EXMAs are OK
2:07 Other data feeds are not wild, so this looks like an ESignal problem
2:02 I'm either getting bad data or something big is brewing-wild bars
2:00 The Moon/Neptune time line turned it down-Nep/Moon price is 1124
1:56 this market looks like a 2 year old throwing a tantrum
1:49 sold 1129.5 stop 1131 - not a hotline trade, just reading the pattern
1:40 my Face of God pattern just told me that Mars is stopping the rallies
Now have a "3 drives to a top" pattern
1:27 have an inversion to the green _Tide-rally into the Moon
1:18 aborted -1.5; real chop today
1:10 I am stuck in the mud here-hold stop and wait
12:54 SP9Day chart shows a triple top with frequency doubling->chaos ahead
12:47 that rally closed the full S&P gap, then died-bearish longer term
12:44 so far the 110 EXMA matches the red -Tide
12:40 sold 1127 stop 1130
12:36 good I covered 110 curling down-may get 20 crossing sell soon for second trade
12:29 covering on stall rule for +2
12:15 stop 1127.5-getting near next Tide turn
12:12 notice how the yellow MoonTide elctric field flux is a support line
12:03 besides the electric field price points I give,it helps to know the pit
trader's price points-when the two match, they are better-today, the pit pivot
is 1127.80-very close to the Uranus flux line. here are the rest of the points
Tomorrow's pit trader price points from today's S&P

1140.49 = 1 % up
1134.40 = resist2
1131.80 = resist1
1130.40 = prior high
1129.20 = prior close
1127.80 = pivot
1125.50 = prior open
1125.20 = support1
1123.80 = prior low
1121.20 = support2
1117.91 = 1 % down
12:00 stop 1126.5 -up on Mars but not wild
11:35 notice the price quantums every 1.5 points-1128,26.5,24,-caused by the opposing
electric fields
11:32 I will cover 1131,+5 from my original entry
11:28 there it is-stop 1126-may get faster rally on Mars vertical time line
11:24 minor low as pass Saturn-now watching to see if it really rallies
11:18 trend still up by 110 EXMA-be patient
10:52 stop 1125.5-my sketch say rally again after about 11:20, passing Saturn
10:48 a Chaos Clamshel has 7 moves-from the low I see 3 so far-this is not Elliotte Wave,but
my own finding-don't wory about labels-sketech the 7 move pattern
10:39 on that pullback, the 20 EXMA did not cross the 110, and gave a continuation buy
10:37 stop 1125 -1128 is the pit pivot and Uranus electric flux
10:36 I rebought 1125 stop 1122 on continuation buy - on red -Tide
10:27 1125 is a balance price where + and - electric fields cancel-
10:21 stopped -1 -looks like the bulls and bears are equla-now congest
10:05 the market has had early drops, then rally for the last three days-stop 1025
10:02 bought 1126 stop 1123 on 20/110 crossing-getting a 10:00 resonant streak
9:56 out -2 -break of yesterday's lows failed-expect flat to modest up now
9:54 back up to Moon flux-may be stuck in a flat-hold
9:47 stop 1125
9:40 continutation sell 1123 stop 1126
9:36 opening on flux line-may congest here
9:11 note how sharp drop stopped on Moon electric filed flux at 1124
8:48 Job report: Added 1,000 Jobs, fewer than the 150,000 that economists had forecast
Issued as Exchange passed Node, which is forming a Grand Trine with Jupiter and Chrion
See our November newsletter re "Where's the jobs?"
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

1/9/2004 02:16:06 PM Mountain Al:: I agree bkw
1/9/2004 02:16:03 PM Mountain wlj:: thank you
1/9/2004 02:07:43 PM Mountain bkw:: WLJ-if you're still there the break of 1125-should signal the end of the rally and a drop of about 100 spoo points between now March.
1/9/2004 01:54:48 PM Mountain wlj:: was today from the open just a down-up-down correction in up trend or start of down turn ?
1/9/2004 01:28:47 PM Mountain bkw:: "they" sent him to Gitmo!
1/9/2004 01:26:57 PM Mountain wlj:: looks like the prince cut out early for a long weekend with the harem.
1/9/2004 01:10:56 PM Mountain mm:: 21.25 is S - then 18.70
1/9/2004 01:03:18 PM Mountain mm:: double bottom
1/9/2004 01:01:19 PM Mountain bkw:: impulse wave down-KaChing!
1/9/2004 12:57:07 PM Mountain wlj:: t-32 coming up
1/9/2004 12:44:55 PM Mountain wlj:: boys in full sp pit think rally
1/9/2004 12:42:14 PM Mountain wlj:: bkw,LOL
1/9/2004 12:41:59 PM Mountain Al:: xx: electronic does not mean it was built right-all this technocrap was built in a rush by inexperienced people
1/9/2004 12:41:47 PM Mountain wlj:: tide time will be 75 min into the decline...same length as decline 6 hrs ago
1/9/2004 12:40:44 PM Mountain bkw:: the Prince is all fez and no camels-we broke 10,525 lights out!
1/9/2004 12:26:26 PM Mountain wlj:: moving into venus/uranus time-price-tide time
1/9/2004 12:08:55 PM Mountain xx:: Al bad data CQG 26.50 low here. How can e-signal give bad data being all electronic??
1/9/2004 12:08:02 PM Mountain dc:: no wild bars on CQG's mini
1/9/2004 12:03:00 PM Mountain wlj:: take a look at emini nasq
1/9/2004 12:00:59 PM Mountain mm:: the wild moves may have been another fluke - I didn't see any V increase
1/9/2004 11:59:00 AM Mountain mm:: You mean the prince will start buying again at your 14:45 CIT? I hope so.
1/9/2004 11:58:57 AM Mountain wlj:: getting wild moves in emini couple min ago
1/9/2004 11:53:38 AM Mountain Al:: range coming before the close, mm
1/9/2004 11:47:08 AM Mountain mm:: Now they pushed it up to the H of 30.40 and turned it around again - a day traders dream! - a little more range would help.
1/9/2004 11:46:59 AM Mountain bkw:: a break of 10525 Dow-should be a sharp down!
1/9/2004 11:39:43 AM Mountain wlj:: that darn camel is trying to stick his nose in to the happy campers tent.
1/9/2004 11:29:34 AM Mountain mm:: another pretty CIT at 12:40 - this is like shooting fish in a barrel - that's why I have been a disciple of Al for 10 years +
1/9/2004 10:30:54 AM Mountain mm:: Al's 9:40 CIT was a beauty, good for 6 pts - let's hope we get another one at 12:40
1/9/2004 09:59:31 AM Mountain bkw:: they brought it up to the pivot-now it's fry time for the dippers.
1/9/2004 09:34:25 AM Mountain wlj:: :43 after is 2 hrs from low and :41 after is moon 180 nept.
1/9/2004 09:32:21 AM Mountain wlj:: full sp open gap filled
1/9/2004 08:42:54 AM Mountain wlj:: early decline started between vert venus and uranus then sp rally up to venus/uranus price
1/9/2004 08:25:01 AM Mountain mm:: so far they pushed it up to and then turned it on the P at 27.85
1/9/2004 08:24:21 AM Mountain bkw:: careful AL 1127.25 spoo cash support just broke and future pivot is 1128
1/9/2004 08:08:54 AM Mountain bkw:: before the jobs announcement expectation was a gain of 139,000, Krudlow said it would be much, much better than that it came in plus a 1,000-his face turned the color of his gangster pinstripe.
1/9/2004 08:03:45 AM Mountain wlj:: not watching the tube, what did he say
1/9/2004 07:59:59 AM Mountain bkw:: no the chart is dead! didja see kudlow making a fool of himself-again!
1/9/2004 07:54:35 AM Mountain dc:: price chart is a blur here
1/9/2004 07:52:15 AM Mountain wlj:: bkw is your chaos chart up dating, mine stopped 30 min ago
1/9/2004 07:46:32 AM Mountain bkw:: Dr. Doom after many weeks of just daytrading put Feb shorts on spoo's and q's yestiddy-today i am a happy camper!
1/9/2004 07:37:59 AM Mountain wlj:: looks like dr. doom tripped the prince's camel. 500 new nyse high's yesterday.

9:00 Eastern-System: No comments

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