Chaos Clinic Recap
Here are Al's comments
3:15 aborting 0 - I'm done-thanks for coming-see you next week
3:11 sold 1061.75 stop 1063
3:09 aborted for 0-did not like bounce back up
3:03 this entry looks better -20/110 action is good
2:56 resold 1061 stop 1064
2:48 aborted -1.5-just do not like my entry-I can resell if warranted
2:47 this is moment of truth -peak in red -Tide and touch of 110 EXMA
2:43 so far I don't like this trade
2:29 sold 1060 stop 1063-continuation sell
2:22 those vertical jerks in the MoonTide near 2:40 are mathematical discontinuities
they can be the source of chaotic moves
2:19 parking a sell stop at 1060 to catch a continuation sell it it happens
2:14 right now tracking the red -Tide -will either get a continuation sell,or a 20/110 buy
2:07 had green Tide early, then red Tide, can end on green Tide-possible oob buy
2:00 probing for support here-I'm looking for about a 45 minute rally
1:46 a head and shoulders breakdown usually goes a far below the neckline as above
1069-1064=5; 1064-5=1059
1:43 This break is to the email Mars price 1078.75 -18=1060.75
1:35 good break- trend now clearly down-I'm not on it, but can not worry about that
bkw, one of our regualrs, is, so I'm enjoying his success, and looking for a continuation entry
1:25 another small continuation sell as Xchg passed Mercury
1:17 back to Ven/Sat 1064-looks like a head and shoulders with 1064 neckline
1:13 looking weaker-two small rallies failed to get the 20 EXMA above the 110
1:03 if you look at the SP9Day chart, you see narrowing range-a precusor to a big move
12:58 I'm passing on this trade-maybe the 2:40 one will set up
12:55 in another hour, the Xchg passes Saturn and Venus-their 1064 price is a base so far
12:52 one thing that also helps is to look at another scale chart-the AUX page shows my
hourly chart with a congestion ellipse on it-says congestion may run another hour or more
12:38 one of the hardest things about trading is to not make things up-we make up things all
the time-like reasons why someone did something, when we really don't know-we also tend to
see little price moves as major trends, and only the ones we like -leaving for a while helps
12:25 not much here -20 and 110 EXMA's are tangled, and prices both sides of 110-stay out
12:06 right back to the 1064 Venus/Satunr price-a strong attractor
12:02 sharp streak as Xchg passing Sun, going into the 12:20 trade time-may make low
11:29 pretty choppy-makes it hard to trade-wait for better market weather
11:25 aborted -1.75
11:20 gone flat-Tides are mixed-trade in doubt-see if stop survives
11:09 if the green +Tide is for real, this move should accelerate soon
11:03 I got caught in the "hook", but I extracted it, cleared my mind, and took the "go"
11:00 looks like a "Hook and go" sell-sold 1064, stop 1067
10:57 the 110 EXMa has gone flat-stay out or get out of flat markets
10:52 aborted -1 ; the 110 EXMA lost its "curl"
10:49 choppy-nothing to do but hold stop and wait-accept that trade may fail
10:40 looks like on red -Tide so far
10:36 stop 1064.75
10:33 stop 1064.5
10:27 bought 1066.5 stop 1063.5
10:26 20 EXMA still above 110, getting ready to buy
10:20 after the Exchange passes the vertical white Node timeline, should get a move
10:12 now looks like we will get a "hook and go" sell signal - or stay flat
10:09 we now have a 20/110 buy crossing, but it has no follow through on the 110 EXMA
10:06 right here is a good example of how a forecast helps-it is saying to wait
and not react to these twitches
10:03 that minor rally in prices is not holding-note 20 EXMA did not cross 110
10:02 coming into the 10:10 Tide turn-it is broad so need to give it some room
9:54 110 is flat, minor rally could be part of green +Tide
9:45 on such a setup, want to wait until get the 110 EXMA accelerating
9:43 so far, this is a continuation sell setup
9:42 as Exchange opposes Moon, prices are trine the Moon at Venus opposing Saturn
9:26 opening on the Venus/Saturn 1064 price with a 10/110 EXMA pinch
9:20 the SP9Day chart shows that we are in a grinding pullback
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
12/5/2003 01:40:10 PM Mountain bkw:: out basically flat.
12/5/2003 01:25:24 PM Mountain bkw:: sold 1062 stop 65
12/5/2003 01:11:22 PM Mountain wlj:: nept only email not hit,,,1070 or 1052
12/5/2003 01:03:12 PM Mountain Al:: I think so, just sketching moves down from the highy
12/5/2003 12:58:30 PM Mountain bkw:: tnks AL-I stiull think we fall apart before the close??
12/5/2003 12:55:26 PM Mountain Al:: great trade, bkw
12/5/2003 12:49:33 PM Mountain bkw:: sell stop 1060
12/5/2003 12:47:50 PM Mountain bkw:: out plus six and a bit.
12/5/2003 12:07:58 PM Mountain bkw:: if the e wavers are right? this could get real nasty wave 3 of 3 down.
12/5/2003 12:03:37 PM Mountain bkw:: stop 1062
12/5/2003 11:55:35 AM Mountain bkw:: Ooooooh yaaaaa!
12/5/2003 11:51:35 AM Mountain dst:: yyyeeeeehhhaaaww bkw
12/5/2003 11:44:55 AM Mountain wlj:: may bounce off mars
12/5/2003 11:44:48 AM Mountain bkw:: stop 1063
12/5/2003 11:41:57 AM Mountain Al:: bkw: watch out for a V spike low on Chiron time-had several recently
12/5/2003 11:35:49 AM Mountain bkw:: stop 1064
12/5/2003 11:35:40 AM Mountain Al:: you got a good one going today, bkw
12/5/2003 11:34:21 AM Mountain bkw:: stop 1065-we could break hard down here
12/5/2003 11:33:09 AM Mountain bkw:: stop 1066
12/5/2003 10:34:20 AM Mountain Al:: I don't have to worry-my ascendant has Jupiter on it,
and the lucky star Rigel-had my chart done by an astrologer
once, and she wanted to know if I had any close calls in
Vietnam-I did- a tracer round went between the steering wheel
and my chest while driving a Jeep through our "safe" town-so I was built
to be lucky
12/5/2003 10:30:20 AM Mountain bkw:: with a seatbelt on.
12/5/2003 10:28:21 AM Mountain dst:: Yeah - I guess you need to mark that alignment for sitting in the barcolouger all day in the future
12/5/2003 10:23:54 AM Mountain Al:: my kidney doctor had 30 years experience, and he had never
seen a case like mine-he said it was a 1 in a million freak accident. My stars were not good that day, but it turned out
to be a spike low, followed by a great rally, still going strong.
12/5/2003 10:22:50 AM Mountain bkw:: You are indeed a lucky man!
12/5/2003 10:20:11 AM Mountain dst:: absolutely unbelieveable Al!
12/5/2003 10:18:36 AM Mountain Al:: I didn't know about the bleed for several days. I just got up,
dusted myself off, and finished the job. A few days later I
got a real bad stomach ache as I slowly bled internally.
Wound up in hospital for 7 days. All they did was wait to see if the back pressure stopped the bleed, and give me a few - too few - pain killers. Couldn't open me up because that would
reduce the back pressure and I'd bleed to death before they
could find and fix the bleed. After my NDE I made myself get up and start walking, and got out of there. Hospitals are awful.
Took me 8 weeks to rebuild my energy.
12/5/2003 10:12:18 AM Mountain bkw:: Picture Al hanging from the roof by a rope well the neighbor says to hus wife-Al must have had a bad day in the market.
12/5/2003 10:11:48 AM Mountain dst:: look at this price action - sine wave around the attractor
12/5/2003 10:10:55 AM Mountain wlj:: dst, you are brutal. " did lassie go for help " LOL
12/5/2003 10:04:53 AM Mountain dst:: that sounds even more exciting - did Lassie go for help? how'd you get OFF the roof?
12/5/2003 10:02:04 AM Mountain Al:: I did not fall OFF my roof - I slipped on snow and
fell a short 2 feet ONTO my
roof. But when I hit, the impact jerked a kidney and started a
bleed. I had a safety rope on, and it kept me from falling off the roof. But I agree, I am lucky to be alive.
12/5/2003 09:55:59 AM Mountain bkw:: stop 1069-moon grease applied.
12/5/2003 09:38:22 AM Mountain wlj:: dst, i hear of so manny people falling off ladders or the roof. my cousin fell cleaning his gutters, broke his pelvus in 3 places. laid up a long time. al is lucky to be alive.
12/5/2003 09:35:19 AM Mountain Al:: wlj: my lights are up already-since I was reborn, I'm a
kid again, so climbing is no problem-now I just make sure the roof is dry.
12/5/2003 09:31:56 AM Mountain bkw:: sold 1068 stop 71-dst-grin!
12/5/2003 09:29:19 AM Mountain bkw:: out plus1
12/5/2003 09:28:45 AM Mountain dst:: wlj - i'd keep em all no higher than shoulder level after that
12/5/2003 09:25:25 AM Mountain wlj:: turns every 30 min
12/5/2003 09:23:56 AM Mountain wlj:: al, re: last nights email, will you be hanging xmas lights this year ?
12/5/2003 09:08:26 AM Mountain Al:: Tides warned me of a possible hook and go, so I was ready to bail if the trade failed to thrive-and with bkw selling all those
contracts, I was sure he'd drive the market down all by himself
12/5/2003 09:06:36 AM Mountain bkw:: stop 66.50
12/5/2003 09:03:58 AM Mountain dst:: propitious exit Al
12/5/2003 08:39:38 AM Mountain bkw:: I had it as 67.50 MM close enough-the big number to me is 1063-if we brk that free-fall!
12/5/2003 08:33:08 AM Mountain mm:: pivot is 67.45
12/5/2003 08:31:23 AM Mountain bkw:: sold 1067.50 stop 70.50
12/5/2003 08:25:16 AM Mountain bkw:: soon Al-soon!
12/5/2003 08:13:27 AM Mountain Al:: no shots yet, bkw?
12/5/2003 07:54:55 AM Mountain Al:: thanks, wlj
12/5/2003 07:47:26 AM Mountain wlj:: trin over 2.0
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]