Yes You Can... Cash In On Chaos!

Chaos Clinic Recap

Here are Al's comments
3:00 I'm done-Crazy Harry can take his S&P train wherever he wants-thanks for coming-see you next week-take a course
2:58 I've learned to cover on a stall-here you see why-
2:55 aborted -1.5 -can always retry
2:49 I like that the 110 EXMA is down,and stopped the minor rally
2:47 in too soon-need to sit on the 3 point stop and be patient
2:41 OK, sold 63 stop 66
2:39 7 tiny swings down
2:36 took my finger off the trigger-still waiting-1164 is crossing point in Harmonic grid
2:34 EXMA stop minor rally-getting ready to sell
2:30 low ? on Pluto timeline- still waiting - I know I'm tired, so being cautious
2:23 on this one, I want to see how it comes out of the Tide turn, and not trade going into it
2:20 a tiny bit of weakness, could just be noise-Mercury flux support
2:05 there may not be a trade at this Tide turn unles the volatility picks up
1:50 pretty flat right now-prices not much different than an hour ago-Friday after a big week-everyone is wiped out
1:36 I have a very nice Face of God pattern today-I will post it in the FOGGER's room for course
graduates after the close
1:33 got a little rally off that point,-if it fails, in about another hour there will be some selling as people take profits
1:19 Mercury/Uranus price and time-they are square today-not an accident
1:06 Sun/Neptune time line low, looking like Mercury/Uranus timeline high
1:00 if you look onkly at the 3 point price quantums, from the open we went up 2, down 3, now up 2
12:45 as I expected, we picked up the red -Tide coming out of the Sun/Netune price and time point
now the MoonTides are pretty flat for a while
11:39 now I expect the market to congest until mid afternoon-I'm going to lunch and will be back later
11:33 hit lower Larson band, and the Moon T+270 flux and bounced-the high was set by the T+315
flux, which is not on the chart, but is 9 points higher -so this was a 45 degree move
11:27 low on Node failed, looks like headed to Sun/Neptune price and time
11:22 now note so far: high on Pluto timeline, low on Venus/Jupiter timeline, high on Chiron
timeline, low on Node timeline - extremely small probability that this happens by chance
11:15 now if you look at the diagonal yellow MoonTide Harmonic grid, you can see a down channel 2 grids wide-it has a centerline, ala an Andrews Pitchfork
11:09 the fact that the down move was so fast, faster than the green+Tide, suggests that we
may now be entering a period of mixed tides, which we did on Tuesday-Mercury flux support
11:06 +4 -taking it while I got it-may be more, but I do not care
11:03 stop 68-cover is 65
11:00 stop 69-free trade so I can be very patient
10:53 stop 69.5 -hammering on the Pluto price-bearish if it can't hold
10:45 stop 1170-I really don't like counter trend trades so I press stops hard
10:41 sold 69 stop 71 as oob sell
10:37 so far, on green +Tide-if holds, this is high for day
10:35 Venus/Jupiter flux pair stopped the rally
10:32 at band edge going into this Tide turn sets up an out of band sell-note high on Chiron timeline
10:30 +5 -started a bit choppy, but ended well
10:28 stop 68-at upper band edge
10:23 stop 67-will cover at Tide turn or +5
10:20 stop 66-looking better
10:17 stop 65-may not get much
10:12 rebought 66 stop 64
10:06 aborting -.75-not moving, back to 110
10:02 stop 64 -struggling to rally
9:58 bought 66 stop 63
9:50 may get a continuation buy here-20 EXMA has held above 110
9:45 still hanging around Mercury flux and 110 EXMA
9:30 outcry open with price on 110 EXMA-wait a bit to se if settles here or get a sell crossing on 20/110
9:23 note the jobs streak went from the Sun/Neptune price electric field flux, up the vertical Pluto
timeline, to the Pluto price flux
9:20 big jump pre-outcry on positive jobs data-may negate opening trade opportunity
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

11/5/2004 1:00:27 PM Mountain wlj:: maybe all day up side dn h/s
11/5/2004 11:38:36 AM Mountain wlj:: with maybe the theme to jaws playing in the back ground
11/5/2004 11:36:10 AM Mountain wlj:: vert p looming in the distance
11/5/2004 11:23:02 AM Mountain wlj:: sss, for lowest price and margin check out f.a.s.t trading platform is for daytrading.
11/5/2004 11:16:48 AM Mountain sss:: any sugestion for e-mini broker out of e-signal platform ???
11/5/2004 10:48:54 AM Mountain jst:: I guess I was stupid. Until now, I did not see Al's comments on the chaos page.
11/5/2004 10:08:31 AM Mountain jst:: Thanks, TG. I must sound pretty stupid, but I have read the tuturials 2 or 3 times already and I still am not sure I understand things well enough to see where he is buying and selling.
11/5/2004 10:08:01 AM Mountain wlj:: jst, i think was plus 12 points yesterday.....a lot of lines on the screen, once you learn what they are it all will be clear.
11/5/2004 9:58:42 AM Mountain TG:: I don't think so. not for the whole day at least. last comment was that near term low might be in and he thought we might see congestion/trading range. Al's very flexible and can change his mind on new evidence pretty quickly. But, he used his indicators to make net 4.25 on the up move and 4 more on the down move. A great day already.
11/5/2004 9:50:08 AM Mountain jst:: Thanks. For the record, is he calling for a low here?
11/5/2004 9:45:46 AM Mountain TG:: Click on "Home" in top left corner of this page. There you'll see past chaos clinics. So you can see what the thought process was behind many trading days. Also, as mm said go to "list of charts" and do the moontide tutorial and the other tutorials just below that one "natural times", "trading band update" etc.
11/5/2004 9:39:59 AM Mountain mm:: Go to LIST OF CHARTS, then to "Trading Moon Chart Tutorial"
11/5/2004 9:37:08 AM Mountain jst:: Thanks, mm. The chaos clinic site has a quite a lot of lines on it. How does one use them? How does one tell when a trade is entered?
11/5/2004 9:30:43 AM Mountain mm:: Go to the Chaos Clinic site and watch what Dr. Larson is doing
11/5/2004 9:25:52 AM Mountain jst:: I am trying Dr. Larson's service out and am unclear on how to use it. Which pages should be kept open? Where does one see if there is a position currently on? tia
11/5/2004 7:38:45 AM Mountain wlj:: fwiw, some guru's saying we test 1170 today or mon then pull back for a few days.
11/5/2004 6:44:15 AM Mountain jsb:: al,,, yeasterday never had time to ask,,,but you said market had to PROVE itself to be bullish, at what point on dow or s&p would that be??? weekly only chart or monthly??? thanks

9:00 Eastern-System: No comments

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