Chaos Clinic Recap
Here are Al's comments
2:57 out for 0 - I'm done for the day - see you next week-___________________________
2:50 stop 947 - out of band trades have had poor results all week ___________________
2:42 stop 948 _______________________________________________________________________
2:36 sold 947 stop 949-cover is 945 today____________________________________________
2:30 sell 947 stop _________________________________________________________________
2:26 now have an out of band sell setup at the Tide turn-sell break of 20 EXMA__________
2:20 I knew that was a "late throw over the middle"-so I make sure I got something______
2:17 stopped +.5 _-move to upper band edge stalled it___________________________________
2:13 may get another continuation buy near 2:30 -if stopped I may take it_______________
2:09 stop 946.50________________________________________________________________________
2:04 stop 946 cover is 949-passed Moon in time-going to Moon in price____________________
2:02 stop 945-I'm pretty late on my entry________________________________________________
1:57 nice break-bought 946 stop 944-Tide turns are early since second one________________
1:51 to get anywhere, prices have to get above the 945 flux bundle________________________
1:48 continuation buy as prices bounced off the 110 EXMA ________________________________
1:22 Again, moves relate to physical causes- the Mars/Nep/Jup/Mer flux lines stopped the
move that began on their time line bundle______________________________________________
1:15 covered 944 - passing the eclipse cluster ________________________________________
1:02 stop 943 __-on low volatility days at least you can press your stops______________
12:58 stop 942 _________________________________________________________________________
12:52 The Moon/Sun/Node are square Uranus - bringer of rains,tornadoes, and earthquakes__
12:48 bought 943 stop 941-not a hotline trade-I just like the 20/110 going into the Moon time_
12:42 Moves have physical causes-that rally began as Xchange passed Mercury,an squared__
Mars,Neptune, and Jupiter -see on the Clinic charts and the Wheel of Fortune___________
12:29 now getting a 20/110 buy off the support in the S&P MoonTide Harminic Grid chart_
12:17 If you look at the S&P MoonTide Harminic Grid chart, you see the worst 4 day trading_
days in the past 4 years - lots of whips but no progress-just be patient-it will end_____
12:02 no trade here-timed out of the entry window_____________________________________
11:56 possible continuation sell setting up again-20 EXMa did not cross the 110_______
11:53 no energy this hour - EXMA's are flat -still stuck to -M090 moon flux___________
11:44 higher low-looks like green +Tide rally-watching for 20/110 buy_________________
11:40 aborting 9405.50 -no go-________________________________________________________
11:36 stop 942.50 -pressing because of low volatility;also ready to abort if no go____
11:34 continuation sell 940.5 stop 943.5 ____________________________________________
11:26 sticking to the -M090 Moon electric field flux line_____________________________
11:19 110 EXMA held-watching for downturn in 20 EXMA__________________________________
11:06 20 EXMA has gone flat -110 still down___________________________________________
11:00 going into this Tide Turn have a 20/110 EXMA pinch=possible continuation sell___
10:54 so far today looks like yesterday-set 948-939 range and congested inside rest of day_
10:45 The next Tide turn is just after 11:00 -wait for setup.Hit Chiron Price and Time_
10:41 covering 939.50_________ stalled here______________________________________________
10:36 stop 940 - stalled at band edge____________________________________________________
10:27 stop 941 ___-fast break so I'm going for more than 3 points_________________________
10:26 stop 942___________________________________________________________________________
10:21 sold 941 stop 944 -prices staying under 20 EXMA ___________________________________
10:16 now have a sell on the 20/110 and a possible continuation sell setting up__________
10:09 The 948 prices was hot as advertised- turned out to be a good Out of Band trade-___
9:55 This past week has been very tought trading-losts of these unproductive moves_______
9:54 stopped -2.5 __________-caught by a resonant spike__________________________________
9:51 -stop 945.5-using the 20 EXMA as a guide____________________________________________
9:47 bought 948, stop 945________________________________________________________________
9:44 got the 20/110 buy, now watch for strength-________________________________________
9:39 sell not setting up, possible 20/110 crossover buy _________________________________
9:34 the 110 EXMA is down, the 20 is under it, so watching for a continuation sell_______
9:33 opening just under the eclipse price level_____________________________________________________
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
5/16/2003 02:03:07 PM Mountain bkw:: same to you AL
5/16/2003 01:48:53 PM Mountain Al:: bye all-have a good weekend
5/16/2003 01:48:41 PM Mountain bkw:: out plus 2.
5/16/2003 01:15:58 PM Mountain prt:: Thanks, Al.
5/16/2003 01:07:38 PM Mountain Al:: prt-yes
5/16/2003 01:02:20 PM Mountain wlj:: looks we are working on wave 7 up
5/16/2003 12:58:53 PM Mountain prt:: Al: Theoretically, this OOB sell could "morph" into a continuation buy. With all the overhead resistance at Sun/Moon/etc (948), are you reluctant to buy here?
5/16/2003 12:58:25 PM Mountain ken:: G..? I would imagine your long..
5/16/2003 12:56:47 PM Mountain ken:: must be Algol at 947 :o
5/16/2003 12:51:36 PM Mountain ken:: oops, make that tide32
5/16/2003 12:50:09 PM Mountain ken:: this am high and low, the 1:00 low, the 1:30 high. The 2:45 lo..? we shall see..
5/16/2003 12:48:07 PM Mountain ken:: Al, shift the star32 chart about 15 min right and alot of 'hits '.
5/16/2003 12:28:57 PM Mountain wlj:: 4 hours from low coming up
5/16/2003 12:28:54 PM Mountain bkw:: vix just hit a low 5 min ago last seen at the top
5/16/2003 12:22:34 PM Mountain wlj:: looks like 5 up, pull back then up for 7
5/16/2003 12:15:53 PM Mountain bkw:: sold 947 stop 950
5/16/2003 12:13:40 PM Mountain prt:: G9: Thanks again.
5/16/2003 12:08:45 PM Mountain G9:: ken..........draw my line off the 1:00 high = support now
5/16/2003 12:07:15 PM Mountain G9:: prt.......learned long along take your 2-3 pts and step aside....don't be greedy
5/16/2003 12:06:15 PM Mountain G9:: rut row......bears taking some pain.....more to come....to da moon Alice
5/16/2003 12:05:42 PM Mountain prt:: Hey, G9, if the trend is up until it isn't, how come you bail out? Do you exit at a profit target?
5/16/2003 12:03:01 PM Mountain G9:: I just do what Ms. Market says to do.....I listen well ;) Trend is up until.....it isn't
5/16/2003 12:00:10 PM Mountain wlj:: gee wiz g9, your on another roll.
5/16/2003 11:59:23 AM Mountain ken:: 9th time this week (5 min bar) that we've attacked this 947 level..broke above 2-3 times, failed to hold..
5/16/2003 11:58:40 AM Mountain G9:: AL.......whew that makes me feel better. I thought I'd missed seeing it. AL u da man baby
5/16/2003 11:57:55 AM Mountain prt:: G9: Congratulations! Yet another nice trade.
5/16/2003 11:57:28 AM Mountain G9:: LOL.....oh when are those silly bears going to learn......cha ching gimme 2.25
5/16/2003 11:56:43 AM Mountain bkw:: out minus 1.
5/16/2003 11:55:11 AM Mountain prt:: BKW: Bears eating my shoes. Bulls nipping at my butt. No wonder I'm black and blue this week. :-)
5/16/2003 11:53:03 AM Mountain prt:: G9: Thanks for the reply.
5/16/2003 11:52:11 AM Mountain prt:: "Entertained"? The lawn would have been more fun.
5/16/2003 11:46:47 AM Mountain Al:: G9: the S&P Harmonic MoonTide chart is new-I've been busy
programming while Crazy Harry kept you all entertained
5/16/2003 11:44:35 AM Mountain bkw:: WLJ- yes- they have it pinned here-last hour should be a doozy-PRT- a bear just ate your shoes-grin
5/16/2003 11:44:03 AM Mountain G9:: why haven't I ever look at that Harmonic10 day chart?.......has that always been on the site?
5/16/2003 11:41:57 AM Mountain bkw:: sold 944 stop 947
5/16/2003 11:41:43 AM Mountain G9:: prt.......depends on the trade......never more than 4
5/16/2003 11:28:01 AM Mountain prt:: G9: Congratulations. You're having another good day! What's the typical inital stop-loss on those trades? 1 point? 2 points? 3 points?
5/16/2003 11:25:33 AM Mountain prt:: (WLJ: Psssst. BKW is always looking for the afternoon slamo.)
5/16/2003 11:19:43 AM Mountain wlj:: bkw, from the low we have up down up retrace, i take it you are looking for the afternoon slamo.
5/16/2003 11:15:26 AM Mountain bkw:: over the couple hours they've built a very nice double top.
5/16/2003 11:05:52 AM Mountain Al:: yes wlj, if you give it enough wiggle-congestions tend to shift it more than normal
5/16/2003 11:01:43 AM Mountain wlj:: al, over the 4 days the tide on the grid chart is pretty sharp as well.
5/16/2003 10:42:00 AM Mountain G9:: yeap....prt.......cha ching.......so far today 3,-1,2.25
5/16/2003 10:31:40 AM Mountain wlj:: OGNIB
5/16/2003 10:03:16 AM Mountain prt:: T minus 5 minutes and counting.
5/16/2003 09:54:56 AM Mountain wlj:: hope this multi-flux drop kicks sp off moon
5/16/2003 09:50:58 AM Mountain prt:: Al: No problem. You trade my account, I'll cut your lawn. I'll take that swap anytime!
5/16/2003 09:48:28 AM Mountain prt:: G9: My charts show a "buy" according to your logic. Over the 16 on the 5 min chart. 16/30 crossover on the 1 min chart. But this market is so listless, I'm wondering if you would take the signal. Yes? No?
5/16/2003 09:47:19 AM Mountain Al:: prt: would you cut mine, too? it needs it.
5/16/2003 09:42:41 AM Mountain prt:: Oh, swell. Four hours of Chiron to look forward to. And the Cubs don't play until tonight. Hmmm... time to cut the lawn.
5/16/2003 09:39:50 AM Mountain wlj:: i like to scalp but this 1.5 range cuts it pretty thin
5/16/2003 09:28:15 AM Mountain prt:: If we have a typical 4-hour "quiet period" in the market, that means nothing happens until the tide turn at 2:40.
5/16/2003 09:14:19 AM Mountain wlj:: close to a venus time/price
5/16/2003 08:44:20 AM Mountain wlj:: chrion time/price
5/16/2003 08:38:17 AM Mountain prt:: More likely it will just float back to Chiron (940) and stay there.
5/16/2003 08:37:36 AM Mountain prt:: Possible OOB buy forming here. But like Al said earlier in the week, OOB trades have been crummy lately.
5/16/2003 08:36:36 AM Mountain jgs:: Ditto
5/16/2003 08:31:58 AM Mountain bkw:: Neely now 100% short-ditto prechter-ditto me.
5/16/2003 08:29:44 AM Mountain wlj:: tide 32 had the a.m. swings.
5/16/2003 08:26:29 AM Mountain G9:: cha ching......gimme 3
5/16/2003 08:13:47 AM Mountain Al:: pjd: In have no new setup on Tbonds yet
5/16/2003 08:10:12 AM Mountain prt:: Thanks, G9.
5/16/2003 07:58:04 AM Mountain G9:: prt......just logged on......nope.....9:30-4:15
5/16/2003 07:58:00 AM Mountain pjd:: Al, I noticed that you covered T-bonds yesterday. Are you looking for a short at these levels or higher at 121?
5/16/2003 07:48:09 AM Mountain wlj:: more 948 res or up to 954?
5/16/2003 07:44:48 AM Mountain wlj:: full sp open gap filled
5/16/2003 07:27:45 AM Mountain prt:: G9: If you're there: Do you include overnight data in your many charts?
5/16/2003 07:26:01 AM Mountain prt:: Univ of Mich Consumer Sentiment is released at 9:45 Eastern -- right on the CIT. Look out for market hiccups.
5/16/2003 07:24:13 AM Mountain wlj:: we hit als email hot 948 over night, looks like first tide may be a low.
5/16/2003 07:19:40 AM Mountain prt:: Thanks for the note regarding Mr Z, WLJ.
5/16/2003 07:19:17 AM Mountain prt:: I don't know why 943 is significant, but yesterday's market went there quite often, and the overnight market returned there at 8:45 AM Eastern. I've marked it on my chart.
5/16/2003 07:19:07 AM Mountain wlj:: al said some thing about 18 point move and eclipse a couple days ago
5/16/2003 07:10:15 AM Mountain prt:: The high at 948.5 matches Al's Sun/Moon/etc level at 948. The S1 at 940.03 matches Chiron at 940. There is a far-down S/R level at 929.53 (S4) which matches his Sun/Moon/etc - 18 = 930.
5/16/2003 07:10:08 AM Mountain wlj:: thank you prt
5/16/2003 07:09:41 AM Mountain wlj:: for the ewave masochist, prechter has a free week,elliottwave.com/freeweek also mr z has a new post at safehaven
5/16/2003 07:07:44 AM Mountain prt:: Today's primary S/R levels are: 950.53 (R1), 948.5 (H), 946.3 (C), 944.27 (pivot), 940.03 (S1) 938 (L)
9:00 Eastern-System: No comments
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