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Chaos Clinic Recap

Here are Al's comments
2:02 covering on the stall for 0- I'm done-next clinic in 2 weeks after my much needed vacation
1:54 watch for the trend to speed up
1:49 stop 1300.5 -nothing to do but move it slowly
1:37 stop 1300-below the 110
1:21 someone just tripped over the dog and woke him up
1:17 dog day of summer market
1:10 stop 1299 - I'm just watching the 110 EXMA - it says trend is up - red -Tide is up until close
1:01 holding up - bought 1301.25 stop 1298.25
12:53 Prices staying one side of 110 -see if it continues after 1:00
12:44 if get a rally after passing the Sun, it could reach the Sun flux at 1307 - also top of the band on the SP9day chart
12:31 bulls trying to get a rally going -turned up passing Mercury timeline-Mercury price at 1304
12:26 aborting -1.25 ; just no juice
12:13 stop 1301 - on the SP2day chart I see a high, followed by 4 moves of 7 in a down Chaos Clamshell
12:10 Stop 1301.5 - know I'm stuck in the mud so start easing stop down slowly
12:01 I will be watching for selling to come in 55 minutes after the high befor my entry - for now just sit
11:49 no follow through - may stay stuck in the mud - I will sit for now
11:42 that lower high attracted selling
11:34 got a "hook and go" sell -sold 1298.75 stop 1301.75
11:27 not looking like a good trade setup -may pass
11:15 Tides are pretty flat until after solar Noon at 1:00 - 2 Moon days that don't trend early usually go
Moon/Noon/Moon - so may not get any strong action until the afternoon
11:12 coming into the 11:40 trade time, we have a 20/110 EXMA buy- I ame watchful but want to see some juice
11:06 All week the 3 minute bars have been 1, 2, and 3 ticks - suggesting the specials are in control -
specialist love a dull market that churns - traders get taken reacting to the 3 tick pops
11:02 the 110 EXMA has now gone flat, so we are stuck in a congestion - stay out of congestions
10:53 trading systems that watch the first hour for trend will classify this as a down day -that means they will
be taking sell signals , by however they define them
10:40 OK, covering on stall +1.75
10:36 stop 1299 - looks like may have flipped to red -Tide -Tides get me close, then I use the 20 and 110 EXMA's
and move my stops to manage the trade
10:28 stop 1299.5 - the next Tide turn rule says to cover, so I'll just lock in a bit and wait
10:18 stop 1300 -just above the 20 EXMA
10:07 I was alert to the possibility of any early fast break because of my knowledge of "2 Moon Days"
these are days when there are 2 Moon Timelines during trading hours
9:57 stop 1302 - dullness, followed by juice=chaos
9:53 pressing a bit-sold 1300 stop 1303
9:50 now getting some selling-may get a 20/110 sell signal
9:48 one of the hardest things is to watch a dull market - don't sare at it-look away or close your eyes and glance at it every few minutes
9:43 the 110 EXMA is getting flatter - just watch for now
9:34 first minor rally stopped at Chiron flux line-there has been a general lack of juice this week
9:25 fairly quiet preopen-Tides are subdued in AM, so may be dull start
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

8/18/2006 4:19:32 AM Mountain mm:: Al - the SP1Day is not yet updated.

9:00 Eastern-System: No comments

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