Chaos Clinic Recap
Here are Al's comments
3:14 I'm done for the day-thanks for coming-see you next week-take a course
3:06 I just did not like entering late, seeing a spike high, and then a sell off -did not feel right
3:03 don't like it-out flat
2:57 this is a red-green-red Tide day - 2 inversions - sort them out with the EXMA's
2:46 bought 30 stop 27 -20 and 110 crossing, plus separation-looks like short squeeze
2:31 note how each rally is slower - losing strength-as soon as they get all the stops, it will die
2:20 this entire week has been very different from last month-no follow through on moves
2:17 another marginal new high -stopped by Uranus flux line
2:04 Rolling right-connect the highs with an arc-watching for sell setup
2:00 testing highs but not making new ones-possible double top forming
1:49 seeing lots of 1 and 2 tick 1-minute candles -signs of general apathy
1:39 out -1.5 -gone flat
1:34 stuck in mud-lowering stop to 1328
1:20 looks like I jumped early -will just sit for now-passing Moon timeline
1:01 sold 25.5 stop 28.5
12:51 turning down-watching for a sell setup
12:41 two day pattern is now a rising wedge with the apex on the Moon T+090 timeline -bearish
12:27 with a bit of luck we will get a 20/110 EXMA sell setup
12:20 marginal new high-still probing for a top-just watch for now
12:10 retest of high as pass the Mercury timeline
11:55 this is never-never land for our trade rules-not out of band, not a continuation-so wait
11:48 on 2 day chart this is move 7 of 7 in an up Chaos Clamshell
11:35 testing the highs as coming into the Tide turn-tracking green +Tide
11:10 prices are stuck to the T+000 flux line; at 13:20 pass the T+090 timeline
-at that point price squares time by the Moon clock
11:03 I think we have now picked up the green +Tide
10:57 we have now gone flat
10:55 covering on stall for +1
10:46 this is the 4th break above 1323 in the past month-Gann's rule of 4 says if cannot break out
on the 4th try, expect panic
10:43 stop 24.75 - pace slowing down to a crawl
10:28 stop to 25, got movement, so 3 points from low
10:19 don't want to rush stop-the 110 EXMA is curling over-it needs time and space to do that
10:11 still OK - back to the Sun/Jupiter flux
10:01 yesterday's mornng rally ended as we passed the vertical white Node (O) timeline
9:57 back to the Moon flux - stop 26
9:53 that high was a marginal new high for the last month-failure to hold it will bring out a lot of programmed selling
9:47 sold 25 stop 27
9:37 I'm not anxious to join the fray -that popup hit the upper band edge-just watching
9:32 this is an out of band setup even though hit the band edge pre-open
9:30 opening on the Moon/Neptune flux
9:08 following red -Tide right now
8:52 next rally stopped at Sun/Jupiter flux -
Today's story: economy weaker than thought, wages inflating->more fed tightening-> selling pressure
8:42 preopen spike high on weaker than expected jobs report - hit Moon +T000 /Neptune 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
5/5/2006 11:22:34 AM Mountain Balanced:: It is not the money or ego, it is the art. Dispassionate observation is involvement with no attachment to or fear of outcome, and so lends great and continuous clarity.
5/5/2006 11:05:59 AM Mountain anami:: whatever you said I like it.
5/5/2006 10:58:04 AM Mountain Balanced:: IT is only a lack of conscious awareness, experience in and from the source of the moment, that cramps appropriate changeability: and changeability is the demand of life, not holding a position or structure.
5/5/2006 10:38:49 AM Mountain Balanced:: Stopped at 26 on some. Looks like trend continuation with EMA working today. Looking for longer continuation down and had three points twice but let it come back. That is why sometimes good to shed if doing multiple lots.
5/5/2006 9:28:01 AM Mountain anami:: got short again at 24.75 and 25.
5/5/2006 8:32:04 AM Mountain Balanced:: Stop 26. Now looking for crossover.
5/5/2006 8:29:07 AM Mountain Balanced:: Breaks wick of 22 EMA first touch. Good chance we see 17 at least.
5/5/2006 8:27:51 AM Mountain anami:: i covered at 22.25
5/5/2006 8:23:41 AM Mountain Ben:: gotta go - have a great day!!
5/5/2006 8:20:25 AM Mountain Ben:: out +1 - this thing feels heavy - your short should work well
5/5/2006 8:17:32 AM Mountain Balanced:: Stop still 27. Let the 110 EMA bounce settle as shed some at 22 area on first touch.
5/5/2006 8:10:24 AM Mountain Ben:: stop 25
5/5/2006 8:01:35 AM Mountain Balanced:: Short 25. Looking to hold on for awhile.
5/5/2006 7:52:33 AM Mountain anami:: I'm short as well at 25..
5/5/2006 7:51:58 AM Mountain Ben:: with you short at 25 Al
5/5/2006 7:45:19 AM Mountain Balanced:: Scratched it. Will wait for better fill.
5/5/2006 7:38:06 AM Mountain Balanced:: Taking a shot Short 25. 27 Stop.
5/5/2006 7:26:54 AM Mountain Balanced:: Good morning from a calm and relaxed state.
9:00 Eastern-System: No comments
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