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Chaos Clinic Recap

Here are Al's comments
2:58 I'm done for the day-thanks for coming. See you next week. take a course
2:55 out for +5.5
2:41 I will cover this at 879 if we get there based on my chart on the AUX page; stop 867
2:37 put a Face of God chart in the CCT room ; stop to 866.5
2:34 were I not long, I would have bought 869 stop 866
2:31 yesterday's 867 high is now support, as resistance becomes support
2:28 after 2:30 on Fridays, on a rally day, often get a short covering rally
2:20 we are now in the trade window for the second hotline trade-I'll just hold. Have a continuation buy setup
2:15 Crazy Harry finally got up, but he's not fully awake yet-driving real slow-must have a hangover
2:10 stop 864.5
1:58 I have posted the chart I am watching on the AUX page-it shows the red -Tide shifted right
it also uses a Wheel of 72 scale on the Moon flux (T)
1:47 stop 864
1:42 broke yesterday's highs, hitting any short stops-pattern is a "rally to the close" pattern
1:36 stop 863, just under the 110 EXMA
1:27 on the MTraingow chart, we conjested 6 hours-to balanace that by Gann's squaring of price and time,
price needs to go 6 times a quantum of 3 points = 18 points from 861
1:18 20 EXMA has good angle on it, and is separting from the 110-signs of a good move
1:15 we seem to be following the red -Tide shifted right one hour-it says last two hours are strong up
1:11 stop to 862-will just try to ride this trade for max
1:08 updated chart in CCT room
1:01 861+18 = 879 is a possible target
12:51 looking like NOW it's realy to rally
12:45 still congesting -I expect a rally by the close, so rebought 861.5
12:35 aborting -1
12:34 nope
12:29 looking like it's about to get moving
12:20 I think Crazy Harry, conductor of the S&P train, slept in. He heard it was going to snow.
12:10 red -Tide may have shifted right -stop to 61, under the 110 EXMA
12:04 updated chart in CCT room
11:56 not a hotline trade, but I bought at 863 because one of my autotraders did-it is a new system I'm testing
11:46 found support on the 440 EXMA on the MTRainbow chart
11:32 aborted -3; stalled
11:20 it did; now getting a down streak on the Pluto timeline
11:13 rally back up to the 110 EXMA-watching to see if it stops the minor rally
11:04 still OK-110 EXMA is down, trading staying on one side of it, green +Tide down for next 4 hours-need to be patient
10:53 lots of chop today-this has been common last 7 or 8 Fridays
10:42 updated chart in CCT room; now running on green +Tide
10:36 sold 858 stop 864
10:32 aborted -2; not working
10:28 posted chart in Certified Chaos Traders room
10:21 stuck flat on Jupiter flux
10:15 still Ok, would like some more juice-looks like on red -Tide
10:06 bought 863 stop 858
10:04 holding up after yesterday's rally
9:56 watching for a buy setup
9:42 on MTRainbow chart,the 440 minute EXMA is up, near 857, so there is support there as well. So neither up nor down
has a lot of potential right now
9:37 prety quiet opening-first trade time 10:11. To rally need to get above the Neptune flux 865.
support below on Mercury flux 855
9:25 pre-outcry trading near Jupiter and Neptune flux - two day trend is up
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

4/17/2009 1:10:23 PM MT BB:: what does it mean, it's just part of the calculation? It fell.
4/17/2009 11:25:22 AM MT Al****:: shift it right one hour - that drop is just part of the calculation
4/17/2009 11:18:28 AM MT acetd****:: al, the red tide falls straight down at 3pm EST. whats that all about?
4/17/2009 6:59:03 AM MT UNI:: GM All
4/17/2009 6:58:47 AM MT Al****:: GM all-good luck today
4/17/2009 6:03:23 AM MT mm****:: gm all - have a great day

9:00 Eastern-System: No comments

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