Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
3:50 tough day, good month. Start all over on Monday; Thanks for coming. See you next week
3:48 out flat
3:42 don't leave-this one is not over
3:34 GBK to 740-was support, now reistance; GBK=Good bye kiss
3:23 my way of doing that was to look for the possible end of the congestion using the Face of God pattern
and then place a stop to enter on the breakout; posted updated FOG chart in CCT room
3:18 when you get chopped up in a congestion, have to stay cool, and not miss the end of the congestion,
because chaos follows dullness
3:16 This is a cover on close type trade
3:11 elected short at 39 -putting stop at 45
3:10 may break down in last hour
3:00 last rally as per Fractal Grid -it suggests up fractal could end before close
2:52 on the MTRainbow chart you see a the 440 minute and longer EXMA's down, a big drop, and a correction
strongly suggests lower prices whenever Crazy Harry really leaves the station
2:41 Crazy Harry is the conductor of the S&P train-he likes to stop in a station, fake pulling out, so as to get us hobos
to jump on. Then he backs up, and the conductor comes through trying to catch the hobos.
2:24 putting sell stop 739
2:32 at this point, I've been stapled, folded, mutilated, and spindled ; just can't take it personally
2:29 stopped for -6;
2:28 stop missed by one tick-I'm using 6 points, but market it telling me I should be using 8
2:17 on choppy days like this, one of the best tools to use is the Fractal Grid, from
the Chaos Trading Made Easy-posted that chart in the CCT Room
2:11 on MTrainbow chart, the 440 EXMA has curled up; bullish
2:05 buying 749 stop 743
2:04 new high
2:02 trading bothe sides of 110 EXMA -not good trading weather
1:54 one more trade time left, and Moon timeline coming up near it; support 740, resistance 749
1:51 aborted for 0 ; not ready
1:42 stop to 748
1:38 there is the break ; may see a good drop ; I will try to ride it
1:36 the chop has been bad all week, so I'm trying not to react to it and let my stop do it's job
1:33 Whoops- still spiking, but stop held-sit tight
1:31 finally looking better
1:15 resold 745 stop 750
1:08 prices did make it to the energy center at the last minute-now give it about 20 minutes to repel
1:06 I need to not take that whack personally - just stay calm and wait
1:01 stopped out for -5 ;caught by streak on Sun timeline
12:57 prices did not get to the energy center, so after 1:00 look for it to repel prices down
12:53 stop 748.5, just above the 440 minute EXMA
12:45 sold 743.5 stop 749.5
12:44 Jude 3 sold
12:44 looking weak, but has not broken down
12:36 in the secon trade window-watching for a sell setup because prices are struggling to go higher
12:29 posted a 3rd chart in the CCT Room; and on the AUX page I am running my Jude3 autotrader
12:19 I have an energy center at 748 and 1:00 -now acting as a Chaos theroy strange attractor-after 1:00
it will become a strange repellor
12:13 on the MTRainbow chart, prices rallied up to the white 440 minute EXMA. If they cannot get above it
a decline may set up near the next trade time
12:02 updated second CCT Room chart
11:48 tried way too hard - taking a break for 30 minutes
11:44 aborting -6
11:40 gone flat
11:14 still in trade window -sold 740 stop 747
11:10 posted a second chart in the CCT room
11:04 yesterday started out "twichy" - looks like today is starting out the same way
10:55 out flat on double top
10:49 stop to 41
10:44 looking better for now
10:40 setting my timer for 12 minutes-if not working by then I'm out
10:38 sitting on my hands here-stop not hit but I'm nervous
10:24 stop 40-tricky here because of the cluster of vertical timelines
10:22 bought 44 stop 38
10:21 aborted for -4
10:17 sold 738 stop 744
10:15 updated my CCT Room chart
10:10 prices dropped back below 110 EXMA and getting red 3 minute candles-may set up a "hook and go" sell
10:06 have resistance at 744.5, so I'm expecting this rally may fizzle out
9:58 streak up the vertical white Node(O) timeline-watching to see nature of first pullback
9:54 first trade time is 10:36 -getting buying curling the 110 EXMA up
9:44 posted a chart in the Certified Chaos Trader's room
9:25 prices dropped toward the Venus(blue) and Moon(yellow) electric field flux lines; Moon should be support
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

2/27/2009 2:02:50 PM MT Al****:: posted XGO cahrt in AUX page
2/27/2009 2:00:41 PM MT Al****:: one last chart in CCTRoom
2/27/2009 1:38:25 PM MT Al****:: acetd: yes, but I'm not sharing that :)
2/27/2009 1:29:10 PM MT acetd****:: Al, have you done any research on yourself as to how the 5th trade of the day comes out? (-:
2/27/2009 1:13:18 PM MT acetd****:: i have a fib structure target of 701 that has been in effect for over 2 weeks we will get there ? of when
2/27/2009 1:12:26 PM MT MJH:: Very hard to make anything in action like this Al, the market is going nowhere
2/27/2009 1:07:02 PM MT TG****:: on the other hand, if it broke to new lows, 707 looks doable.
2/27/2009 12:52:02 PM MT AMBG:: This was a tough day for everyone. I'm down 12.5 points today. Done beating myself up for today. Monday we start fresh.
2/27/2009 12:50:10 PM MT TG****:: my worse day in a long time. If it somehow managed to make a new high could well be a very strong move to 760s or even 770s.
2/27/2009 12:47:28 PM MT AMBG:: I concur, sir. Whipsaw city!
2/27/2009 12:46:44 PM MT Al****:: Amen to that
2/27/2009 12:35:50 PM MT acetd****:: grazy harry got us all
2/27/2009 11:20:08 AM MT Al****:: I don't see it, so please resend it
2/27/2009 11:13:18 AM MT MJH:: Al your work on the markets is staggering. I wanted to send you an email but they kept bouncing back. I contacted you through the chat on your site, but have not heard from you. I know you're retired now, are you just snowed under?
2/27/2009 9:19:25 AM MT TG****:: amazing how once your in a trade one 3 minute bar seems to last forever.
2/27/2009 9:16:00 AM MT TG****:: short 39.75
2/27/2009 9:10:54 AM MT TG****:: missed me by a tick so far and glad it did so. sell stop still at 39.75.
2/27/2009 9:03:08 AM MT TG****:: placing a sell stop at 39.75, will trail it 1.75 to 2 pts below 110 with a 6 pt stop until out of trade window.
2/27/2009 7:44:48 AM MT sadf:: Any chance displaying the XGO in AUX link ?
2/27/2009 7:41:51 AM MT Al****:: anyone who has a yahoo email address: my mail server is delivering the mail to yahoo. they routinely put it in the spamb box because it has charts attached. There is a way for you to put on your white list. See the yahoo site or call them to learn how to do this. The problem is not on my end.
2/27/2009 7:37:27 AM MT acetd****:: disregard please
2/27/2009 7:36:27 AM MT acetd****:: bought 737
2/27/2009 7:35:31 AM MT sadf::
2/27/2009 7:25:01 AM MT Ahab****:: For some reason Al, your email is now going to my spam folder.
2/27/2009 7:17:24 AM MT Al****:: cbxb-no way to do that- what is your email address?
2/27/2009 4:44:15 AM MT cbxb:: Hi. Didn't get your weekly note from Al today. Can you post it here in the site?

9:00 Eastern-System: No comments

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