Chaos Clinic Recap
Here are Al's comments
2:55 aborted -1 -done for the day -specials holding it up into the close-thanks for coming-see you next week
2:47 sounds like fingernails scraping a blackboard
2:37 last two timelines are Mars and the Moon -last evening you could see them in the western sky forming
a "Fingernail Moon, Market Top" pattern - also know as the Fertile Cresent as on rich sheiks flags
2:32 sold 82 stop 85
2:25 tested 84 /Moon flux again-looks like on red -Tide - Will it roll over?
2:14 stopped +1 ; now watch next Tide turn
2:09 stock specialists are trading out their paper - they need to hold it up until they are ready for a decline
2:05 here I'm watching to see if the 20 EXMA stays under the 110
1:56 hex pattern recognized-Uranus,Venus,Jupiter, Moon -prices hitting 12 point harmonics
1:53 stop to 1283
1:44 stop to 1284
1:25 stop to 1285.5 - trailing by 4 for now
1:23 the high hit the Sun/Chiron flux, up 18 points from the low late yesterday on the same flux
1:14 this has been a hard week to trade - one has had to be persistant - lots of chop as the big boys battle
1:12 resold 84 stop 87 -noon is noon
1:06 out -2 -not working
12:50 trading just under the Chiron/Sun flux lines coming into their time lines -their crossing is a Strange Attractor/Repellor
12:43 looks like I was too agressive - stop not hit so I'll sit - I like the blip above 1284 and then below it
12:30 reselling 1282.5 stop 1285.5
12:18 Ben in the chat room has pointed out one of the common patterns on "two Moon days" -days with two Moon timelines:
They either go one way, or Moon-Noon-Moon
12:16 aborted -1 -will wait
12:08 high on Venus and Mercury timelines - they rose just before the Sun this morning
12:01 retest of 84 failed - note the chat room comments
11:44 very late in the trade window, but sold 82 stop 84.5 - green +Tide may have shifted right
11:39 rally stopped at the Moon T+135 flux line just as it did yesterday-but the line has moved up
11:32 in hindsight, that was a good "hook and go" continuation buy-I missed it and I don't chase the ones I miss-there will be more later
11:20 rallied to the Mercury flux line - coming to the Mercury timeline
11:17 marginal new high for the week - lots of juice from that Node timeline
11:07 testing yesterday's highs
10:53 rallied off the 110 to retest 1278 - passing Node timeline popped back up to Node priceline
10:50 out of band trades are a "return to the mean" (110 EXMA) type trade-
10:45 covering for +1
10:27 stop 1276.5
10:22 the high came at 10:00, 3 hours from the Sun ; this is an eighth harmonic of the 24 hour day
10:15 4th day in a row that 1278 has been hit and has failed - Gann's rule of 4 says to expect panic to follow
10:12 yesterday had an early popup followed by a down day-today looking the same - early buy orders from public
followed by selling at good price by pros
10:09 stop 1278
10:06 sold 1276.5 stop 1279.5
10:04 trading at Node price as come to Node timeline
9:57 this is an out of band sell setup -hit the upper band -watch for it to stall out
9:50 pop up to 1278 level has been area of major resistance all week-stalled here several hours yesterday
9:41 quiet opening - slope of 110 EXMA is up, matching green +Tide - first trade time near 10:36-watch til then
9:15 Early prices on the Moon/Uranus flux-economic news is lower than expected grown, higher than expected inflation-no joy today
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
7/28/2006 1:00:02 PM Mountain DBJ:: certainly has been.
7/28/2006 12:58:20 PM Mountain Ben:: out -1.5 this was torture today
7/28/2006 12:56:45 PM Mountain DBJ:: Fingernails on a blackboard indeed! Here's looking to Mars to work it's magic
7/28/2006 12:37:45 PM Mountain Ben:: sold 81.75
7/28/2006 12:35:31 PM Mountain DBJ:: back in with a short at 82.
7/28/2006 12:26:12 PM Mountain DBJ:: out -2
7/28/2006 12:13:27 PM Mountain DBJ:: Don't blame you for losing patience Ben. It's a long slog today.
7/28/2006 12:11:32 PM Mountain Ben:: out -.75 they can tank it now for all those who are short ;)
7/28/2006 11:46:35 AM Mountain Ben:: sold 81.25
7/28/2006 11:46:10 AM Mountain DBJ:: stop 84
7/28/2006 11:41:07 AM Mountain Ben:: parking a sell at 81.25
7/28/2006 11:30:47 AM Mountain DBJ:: I don't know if it relates to Chaos, but the congestion of the last two hours has glided along the trendline of yesterdays converging triangle.
7/28/2006 11:20:23 AM Mountain DBJ:: Due to a technical difficulty, I'm still in on my sell at 82
7/28/2006 11:04:05 AM Mountain Ben:: out -1.25
7/28/2006 10:59:11 AM Mountain Al:: Ben, you are right about the distribution pattern
7/28/2006 10:55:24 AM Mountain Ben:: resold 82.75 - they shook me out with that false break up.
7/28/2006 10:45:34 AM Mountain DBJ:: out -3
7/28/2006 10:44:45 AM Mountain Ben:: out -1.75
7/28/2006 10:36:54 AM Mountain Ben:: Al, this feels like the situation you have described where the specialists hold the market up to distribute the paper they're holding prior to a decline.
7/28/2006 10:19:47 AM Mountain Balanced:: Feels like contiuation. Flat.
7/28/2006 10:07:58 AM Mountain Ben:: Looking for a moon-noon-moon day. Low should come on the late day moon time line.
7/28/2006 10:05:12 AM Mountain DBJ:: sold 82. Waited for the hook
7/28/2006 9:55:16 AM Mountain Balanced:: Short between 83-84 for clarity, for clarity. It would be nice to see a retest failure and have this top before the last break down then at least 4 to 5 points.
7/28/2006 9:50:44 AM Mountain Balanced:: Short between 83.25. Friday can be the weeks statement for the bulls but I am looking for a retrace to the 110. Shed some at 82.
7/28/2006 9:46:37 AM Mountain Ben:: Think we saw the highs for today and it should be steady down into the close.
7/28/2006 9:41:51 AM Mountain Ben:: sold 82.75
7/28/2006 8:56:48 AM Mountain DBJ:: out -4.
7/28/2006 8:33:45 AM Mountain DBJ:: I'm registered under my hotmail address though. I'll email that to you now
7/28/2006 8:33:43 AM Mountain Al:: watch for my email
7/28/2006 8:32:06 AM Mountain DBJ:: Yes
7/28/2006 8:29:08 AM Mountain Al:: DBJ-do you have a high speed connection and Skype?
7/28/2006 8:20:44 AM Mountain DBJ:: sold 74. Caught out by early descent
9:00 Eastern-System: No comments
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