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Chaos Clinic Recap

Here are Al's comments
3:48 Crazy Harry is turning blue
Seeing his rally die at 882
3:45 too late to do more-done for the day-thanks for coming-see you next week-take a course
3:44 out +1
3:42 a fight to the end
3:33 stop 884
3:31 resold 882 stop 886
3:21 stopped +.5
3:17 stop survived brief rally by one tick - it is in the right place
3:05 stop 881
3:00 stop 882.50
2:44 from my 2007 Franklin system study, I know that this is a "Cover on close" pattern-so I will let it run
2:38 stop to 884.5, just above last high
2:32 possible move to 870 if thrust = thrust
2:25 normally I would cover on a stall like this-but we have down thrust, and a congestion.
It should be followd by another down thrust
2:19 still treading water-on MTRainbow chart the two big streaks are down-bearish-hold fast
2:05 trading very flat for 2 hours - probably some big player moving a large block
2:02 watch for selling to come in soon-about 3 hours after the high
1:58 looks like on green +Tide -says to hold fast
1:55 buying has dried up
1:41 bottom is eroding
1:35 resold 881.5 stop 885
1:31 one hour range just 3.5 points; this is a "volatility pinch"; often followed by chaotic moves
1:27 dipping into 13:37 Natural Time - if low holds could rally off that
1:21 The 110 EXMA is down, but curling up a bit-Saturn flux is at 885-need to get above it to rally well
1:16 trying to turn up -watching for a buy setup
1:09 so far 888 +/-7 points
1:07 that was a marginal new low with no follow through , so I'll wait
1:05 out flat-no go
12:59 stop 884 -trading what I see
12:57 continuation sell setup-sold 882 stop 885
12:48 the fast drop came along the Moon and Node timelines - next timeline bundle is Chiron, Neptune, Sun, Jupiter,
Mercury ; may get a rally going after passing them
12:30 at the Tide time - low is holding-too far from 110 EXMA for a trade
12:10 found support at the 24 hour low - if it holds may hold up into the close
If I shift the red -Tide right one hour I get the picture shown on the AUX page
11:58 pretty strong selling-hard not to jump on it -need to be patient-an entry here would be a late entry
11:45 looks like the flat may be turning into a down trend; hopefully we will get a good trade setup in the trade window
11:30 a look at the MTRainbow chart still shows a flat day; so far it is an inside day compared to yesterday
11:21 stopped for 0 - overstayed my welcome :)
11:08 stop still OK for now
10:51 stop 890.25; 110 EXMA is at 890.01; want to control any loss here
10:44 stop 889; today looks like a red-green-red Tide day
10:39 stop 888
10:33 ran up the vertical Mars (R) timeline
10:28 rebought 890.25 stop 886, just under last low
10:25 rethinking my retry decision
10:21 coming to a point where the green +Tide turns up after a little flat-chop is lower now
10:10 on the Chaos Clinic chart, we are stuck on the yellow Moon T+180 electric field flux
9:55 I took a try at the first trade. I will not make any retries, but wait for the next trade tinme near 12:32
9:50 when if is choppy, one has to be very patient, and not react to each small move
9:46 yesterday was one of the choppiest days in months. Today is shaping up the same way
9:41 rally died fast, stopped out -3
9:35 streak right up the vertical white Pluto timeline on the Chaos Clinic chart
9:34 first trade is early, so more risky- bought 891 stop 888
9:24 on MTRainbow chart, the two day picture is flat
9:21 starting the day with a data problem-got it fixed, and all charts should be up shortly
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

5/15/2009 10:04:10 AM MT Ahab****:: Looks like Mars is hot again today.Helio Mars con Uranus opposite Saturn.
5/15/2009 7:43:45 AM MT UNI:: GM All
5/15/2009 6:10:28 AM MT DP****:: GM all and good luck today.

9:00 Eastern-System: No comments

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