Chaos Clinic Recap
Here are Al's comments
4:15 for the record - after signing off I sold 1451 covered 1439 on the close - I was done teaching but not trading :)
3:13 out at 58 - which is fine for +11 - I'm done teaching for the day-thanks for coming- see you next week-take a course
3:09 if you look at the Wheel of Fortune, you see a big gap below Mars, down to the Moon, then to Uranus
3:04 stop 58
3:00 stop holding - this looks to be the middle of a measured move, so another 15 points down is possible
if I am wrong I still make money :)
2:49 stop to 62 - we are in a CHaos Zone - if you want to win big you have to be quick and widen all rules by about a
factor of 3
2:42 stop 65 - I saw that spike reversal at 2:00 by watching my 3 minute candle sticks and the 15/20 EXMA
I was looking for the point when hope would switch to panic
2:28 stop 66 - I will cover this on the close - today we have to go beyond the hotline rules to win big
The hotline rules are a beginning point - from the courses and diligent study you can go further
2:21 today's trades are all coming early - that means the Tides have shifted left some
2:14 stop 70
2:11 died on vine-resold 69
2:03 back to Mars/Saturn flux -if there is a move of any size, it will be in the last hour
1:54 covering on stall +.5
1:35 stop 69 -above last high
1:30 stuck in the mud -just have to wait
1:00 if we make new lows for the day, a lot of programmed selling will kick in
12:53 stop 70-above the 110 EXMA/20 EXMA crossing - tracking red - Tide; probably down to close
12:47 today's pattern looks like Tuesday's
12:30 early, but sold 68 stop 71
12:18 at this point in the week, stock specialists would expect a down week next week, so they have to
accumulate shares to have available to sell - so this rally is where they do so
12:12 streak up Mercury timeline-low came off of Mercury flux line
12:09 vibrating between Node and Saturn flux - data for future - watch Node oppose Saturn
12:00 turned up near the Moon timeline-could rally up to Moon +T180 flux near 78-79
11:56 got smacked at Node flux line
11:47 attracted back up to the Saturn/Mars price flux
11:27 that hex has the Node at the midpoint of a side, a potential destabilizer-last Tide turn is on Node timeline
11:22 hit the Sun corner of that Hex pattern - now back to the HOPE we can hold it up scenario
11:14 out +5 - my pig gamble didn't work-oh well - next trade time is 1:23
11:06 stop still Ok -in worst case I get +5
10:54 stop 70-at the 110 EXMA - we are "running the band edge" on the lower Larson band, so the 110 EXAMis a good stop guide
10:44 stop 71 -have locked 4 , so I can watch and wait
10:34 not much buying on the correction-my stop is safe, and my +9 target for a normal hotline trade
is still here - today we have a one way MoonTide forecast, so I'm using different rules to try to hold all day
10:23 the range right now is 11 points - it could triple by the end of the day
10:14 from my Franklin Trading system work, I see this as a down day that one can hold with the right stop;
so I will use that today - one must use a looser stop that the hotline rules-It is based on an stuff in the CTME course
10:00 stop 73 - I'm just going to hold this and see how far it goes
9:57 stop 75 - looks like FEAR trumped HOPE
9:52 sold 75 as continuation sell, stop 78
9:41 buying coming in - watching for some follow through-first trade 10:15-in the window now
9:25 my read is that we hold up on the HOPE that the jobs report news works itself out, but FEAR of holding a
position over the weekend after this week's gloom turned to joy ride
8:56 After weak jobs report, got stabilizing hex pattern-Sun,Moon, Jupiter, Chiron
Aux page shows short term rising wedge pattern - may get narrow range most of day
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
8/3/2007 12:32:41 PM Mountain ddd:: i follow you :) well done , i joined in later but still getting good pts :)
8/3/2007 12:29:07 PM Mountain Al:: ddd: I use all the tools at my disposal - not just the EXMA's
8/3/2007 12:18:02 PM Mountain ddd:: and they are being done well before any exma crosses
8/3/2007 12:17:23 PM Mountain ddd:: I don't follow your trades today Al, I know there's leeway, but they're so far off from the indicated times.
8/3/2007 12:10:15 PM Mountain rnjt:: its following Xtide2 green tide perfectly so far.
8/3/2007 12:03:19 PM Mountain ddd:: well now if can break through onto afternoon highs, if still following red tide next 40 min
8/3/2007 11:44:38 AM Mountain Al:: Glad you like it Ben
Stock specialists don't lose - the get a tick on every trade
I have the russel date somewhere, but not handy
8/3/2007 11:41:25 AM Mountain ddd:: now to next 10-15 minutes could be good selloff chance.
8/3/2007 11:38:19 AM Mountain jab:: Does anyone know the first trading day for the Russell 2000?
8/3/2007 11:17:06 AM Mountain rgh:: do stock specialists play a losing game ???
8/3/2007 8:09:41 AM Mountain Ben:: Hey Al, did you read my email from last night? That CTME grid is amazing!!
8/3/2007 4:26:05 AM Mountain mm:: gm all - let's hope for nice volatility for the clinic
9:00 Eastern-System: No comments
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