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Chaos Clinic Recap

Here are Al's comments
3:09 done for the day; thanks for coming; see you next week; take a course
3:07 aborting for -2.5
2:56 still dull but 440 EXMA trend is up
2:27 buying 1113.75 stop 1109
2:25 seems there is no volatility because MM is off watching the World Cup :)
2:13 looking bullish, putting buy stop in at 1115.25
2:08 very dull-Remmber: "Chaos follows Dullness" - Dr. Al
1:52 not ready to rally yet
1:42 watching with interest, got a 20/110 buy crossing, so may get an early buy setup
1:38 posted a Fractal of Pi Chart in the Certified Chaos Trader's Room
That room is open to all who have taken my 4 main courses-see -> Course for more
1:30 if we hold up past 2:30, should get a short covering rally
1:23 back from brunch-still quiet
12:48 got support off the 440, so that 20/110 sell has no follow through, so I'm not ready to trade the short side
the slope of the 440 is still up. If we just hold up, should see an end of day rally
12:41 if we just hang around 1110, this trade may be a pass
12:37 many days, it there are 3 trades, the middle one is a head fake
12:35 down to 440 EXMA, with 20/110 sell signal-waiting a bit because 440 is support
12:13 stuck on Moon/Mercury flux for now
12:04 putting a buy stop at 1115.25
12:02 coming into second trade window,looking bullish
11:51 getting a Hex pattern detected by the Wheel of Fortune program-see Hex Wheels today on the ListOfCharts page
formed by Saturn, Jupiter,Uranus, the eXchange, and Venus. Sets 12 point price quantums-this one 1116, next 1128
11:28 next trade time is 12:31-not a lot of zip today, but good trend
In the chat room regual TG pointed out that today is quadruple withcing day in options, and
regular MM pointed out that the rally was stalling at the pit trader's reistance 1 price of 1116.5. Pit pricea are on SP1Day page
11:14 covering at 1115 for +3-stalling
10:59 stop to 1113.5
10:44 stop to 1112, break even
10:31 stop to 1111, will cover 1117
10:27 looking good
10:11 buying 1112 stop 1109; in trade window, 20 EXMA/110EXMA continuation buy
10:07 Support on Chiron flux, On MTRainbow chart the 440 EXMA is up, so bullish
9:49 on the SPSunMoonMer chart, you can see that the high was set by Moon +T000 elctric field flux
placing a buy stop above it at 1115
9:37 bullish today-trade times 10:12 12:31 14:48
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

6/18/2010 1:17:10 PM MT EOE:: guess not. narrow range today. not much juice.
6/18/2010 12:47:54 PM MT EOE:: could the juice finally be coming?
6/18/2010 12:28:10 PM MT EOE:: mm's fault again.
6/18/2010 12:27:53 PM MT MJ:: Dr. Larson, why is it that you choose to put your buy stop at 1115.25 and not somewhere like 1114?
6/18/2010 12:09:54 PM MT EOE:: dull as watching paint dry
6/18/2010 10:27:37 AM MT jab****:: Anyone there?
6/18/2010 9:39:48 AM MT mm****:: Why is the market dropping? The US just evened the score !!!
6/18/2010 9:13:12 AM MT mm****:: Cannot get through 1116.50 Resistance
6/18/2010 9:01:40 AM MT mm****:: WCA - Dr. Al explained it at 9:49 - enter the break-out
6/18/2010 8:08:24 AM MT WCA:: Buy at 1115? What rule called for that?
6/18/2010 7:42:32 AM MT TG****:: QUADRUPLE WITCHING DAY.
6/18/2010 7:05:29 AM MT EOE:: GM everyone. The sun is shining. its a beautiful morning. good luck.
6/18/2010 6:51:41 AM MT Al****:: GM all - good luck today
6/18/2010 5:01:55 AM MT mm****:: gm all - have a great day

9:00 Eastern-System: No comments

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