Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
4:04 I'm done-thanks for coming-see you next week-take a course-see the pop-up ad
4:03 covered 1265.5 for +4
4:00 still good
3:43 stop 1267.5-will try for 1262 or cover 4:12
3:41 next lower Moon/Node flux is about 1262
3:37 still in-
3:27 stop 1269.5
3:19 stop 1271
3:15 stop 1272
3:00 taking as continuation sell 1269.5 stop 1272.5
2:39 may not get enough of a rally to trade
2:32 should get a 20/110 buy crossing here-I want to see follow through
2:21 prices are on the +T045 Moon flux line, which shopes up-bullish
2:16 here comes the short squeeze on all those nooner 1272 shorts
2:09 as we come into the next trade time, I'm looking for a rally-but on a day like today I will not
be aggressive and do an out of band buy
2:03 made it to the Jupiter/Neptune/Mars flux bundle -down 18 from the same bundle at 1287

1:58 broke lows, then came back above-looks like a failed breakout
1:50 testing the lows again-if hold, expect rally later today
1:33 all those people who put a sell stop at 1272 and went to lunch got nicked in -
the Moon to Moon 18 point range is holding-that should squeeze them
1:26 stopped +.5 -double bottomed on Moon flux
1:22 stop 1273.5 -note the 110 EXMA is steeper than the diagonal white grid lines- this is not a market to buy
1:10 stop 1273.75 -trailing by 3
1:03 stop 1275-now have an 18 point Moon/Node flus to flux range
12:44 sold 1274 stop 1277 on continuation sell
12:30 the 110 EXMa is catching up-may be on red -Tide-possible continuation sell setup
12:20 there will now be a lot of sell stops just below today's low, and rallies will be viewed as opportunities to get short
12:07 the next hour should be quiet during the lunch hour - topic at lunch will be "Is this the start of a big decline?"
11:56 this decline confirms that the recent top is a major top
11:50 breaking down-could get ugly now
11:37 double bottom - looks like it will hold up
11:21 continuing down-not chasing it
11:06 now sitting on Moon/Node flux lines - I expect we'll vibrate here until next major Tide turn
11:00 notice that the drop went from the Pluto timeline to the Pluto flux line, so it looks to be done
10:51 yes, there was more profit in that move, but statistically, taking +5 works well
10:51 out +5
10:45 stop 1283.5 - cover is 1280.5
10:42 stop 1284-Mercury flux was support, now resistance
10:35 stop 1284.25 just above the 20 EXMA and the "shoulder" of the little congestion
10:32 getting vertical streak on the timeline-broke Mercury support
10:30 coming to Moon/Node timeline-stop 1285.5
10:25 stop 1286.25 -trailing by 3
10:20 low on Mercury flux -needs to break through it soon
10:14 stop 1287 - trailing by 3
10:12 looks OK so far-coming to Moon/Node timeline about 10:34 -want to see it's effect
10:00 hook and go sell-sold 1285.5 stop 1288.5
9:49 not much action -looks flat right now-so wait
9:40 having a data problem-should be OK in a minute or so
9:26 looks like quiet opening - base on -T225 Moon flux
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

1/20/2006 11:26:25 AM Mountain jsb:: any of you guys have any comments on the suger market??? WOW the thing has been damm nere vertical for 8 months!!! in square root theory that thing has traveled 360 degrees, has it topped???
1/20/2006 11:21:51 AM Mountain Al:: Ben- never try OOB's when you have a falling dagger market
1/20/2006 11:14:17 AM Mountain coh:: Wow....this is the rare kind of day, when you wish you sold two contracts and held on to the second as long as you possibly could.
1/20/2006 10:03:20 AM Mountain Ben:: Al, are you going to try any OOB's today?
1/20/2006 9:00:44 AM Mountain pdk:: Al, That was a fun move.
1/20/2006 9:00:26 AM Mountain Al:: Thanks, Ben. There is always another train.
1/20/2006 8:53:50 AM Mountain Ben:: Great trade Al. I missed the train.
1/20/2006 7:25:47 AM Mountain Ben:: Al, the chart appears to be stuck.

9:00 Eastern-System: No comments

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