Chaos Clinic Recap
Here are Al's comments
3:50 Made the -T225. Those stars I saw 9 years ago were my Lucky Stars.
3:08 I'm done for the day. Thanks for coming. See you next week. Take a course.
3:04 out at 58 for 858-829 = +29 - I may have pushed the stop too soon, but I'm happy
3:00 stop now to 858-just need to wait another hour; everyone hates to wait , but it pays
2:49 stop 855, just under the 20 minute EXMA following the big streak
2:46 There is the Neptune flux, and not done yet
2:44 stop now to 846
2:43 streaked right up the Jupiter timeline-lucky for me; Jupiter is my rising planet, parked on my ascendant
2:40 this is the short covering I expected; stop to 841
2:35 stop to 839, planning to cover at 4:00 if still in
2:20 still OK- if stopped it is +9, if not , more; 861 is the Neptune flux
2:12 this looks like the move 6 pullback-stop is OK
2:03 after 2:30 should get some short covering
1:56 stop to 838, just under the 55 minute EXMA
1:52 stop 834, again just at the 110
1:50 move jumped off the -T270 Moon flux-could reach the -T225 near 870 in a "band gap energy jump"
1:46 stop 833; move is now attracting a following
1:42 moving my stop now to 832, just under the 110 EXMA; locks 3 points
1:39 on the MTRainbow chart the white 440 EXMA is curling up, confirming the change in trend
1:34 here I like that the 55 minute EXMA was support-getting divergence on the EXMAs
1:26 I think the natural time at 14:17 will give the market a kick up
1:16 stop to 830, just under the 110 EXMA-I need to allow room for a pullback near 2:30
1:12 from my research and experience, this is a hold until the close daily pattern
1:10 stop to 829, break even
1:02 Thank you, Pluto timeline; and thank you fractal grid for keeping me from flinching
12:58 sitting tight-stop is where it should be
12:54 have a Jupiter/Saturn/Uranus hex found by the hex pattern recognizer-holding prices stable
12:49 everyone should now see higher highs and higher lows
12:46 if a low holds up for 2 1/2 to 3 hours, it usually attracts more buying
12:45 3 of my 4 charts says we turn back up, the fourth is neutral
12:40 here I'm watching the 20 EXMA to see if it stays above the 110 and curls up
12:39 have to get past those dips without getting stopped-OK so far
12:33 dip on the Saturn timeline
12:31 I think we are going to get some "remember last Friday?" buying
12:21 looking good - stop to 825 ; at the "sleeper buy point" in the Fractal GRid- from the CTME course
12:06 now I have overlaid an up Fractal Grid from my CTME course on the SPKISS chart starting on the low near 8:40
11:53 I like the way this looks- I will manage it as a GO BIG trade even though it does not exactly
fit the written rule; I know the down fractal was about 10 trading hours, so we could rally to close
11:50 getting a 20/110 buy crossing- buying 829 stop 823
11:38 we are now coming to a cluster of vertical timelines-Mars,Sun,Moon, then Mercury,Saturn,Uranus, followed by Pluto
11:24 Today I am celebrating my 9th rebirthday. Nine years ago I fell putting up Christmas lights
and tore a cyst on my kidney. It bled 40% of my blood into my gut. I was hospitalized, but the doctors
just watched, put a massager on my legs to deter blood clots, and waited. They could not operate
because I would bleed out before they could find the bleeder. At 2:00 AM on the 5th I woke up
to see stars where my room had been. Behind me I could sense relatives and friends who had passed on.
They asked me if I wanted to cross over. I said "No, I'm not done yet." The next day I forced myself
to start walking, and I recovered. Every day since I count the number of extra days I was given, thank God,
and ask for an equal number more.
11:21 I'm back - looks like we are now in a holding up mode, so about as I expected
10:36 that's my first trade-going to take about an hour break now
10:13 my new computer setup makes trading easier-It has two large Samsung SyncMaster2443BW monitors
1920x1200 ( the HDTV jelly bean display). I have 4 charts up - MTRainbow overlaid with a Fractal of Pi,
a CTME chart with settings I found doing my Franklin system, a two day version of the Chaos Clinic astro chart,
overlaid with a Face of God pattern, and a SPKISS chart. I have my Interactive Brokers order system on a separate
computer. I do not need to switch any windows while I trade. Nice little setup. My Xmas present to me :)
10:10 out plus nine, which is fine, pour the wine, the money's mine
10:08 stop 830-need one more tick
10:04 stop to 831-have buy at 825 limit order in
10:02 stop 833
9:57 still OK-could get a low on the Natural Time near 10:28
9:49 stop to 837 - will try 9 pt cover at 825
9:45 it did-sold 834 stop 840
9:44 watching to see if the 20 EXMA turns down here
9:40 still watching-on SP2day see move 6 of 7 down
9:36 I expect this try to fail-may get a continuation sell
9:35 trying hard to turn up
9:30 outcry session starting on the Jupiter flux, trapped between the two Moon flux lines
9:18 weak opening on weak jobs report- first trade may not set up
I expect we sag in the morning and rally in the afternoon
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
12/5/2008 1:59:43 PM Mountain MJH:: Al as you are exceptionally busy, maybe you would like to make a CTME forum where us unenlightened ones can explore the rudiments of your foundation courses, you can maybe swoop in on us occasionally and have a good laugh.
12/5/2008 1:57:14 PM Mountain MJH:: rrh I am in the same boat as you I took the CTME as well, I have no one to bounce ideas off either, would like to hook up, maybe Al can, swap our emails over as I don't want to post mine here just in case it upsets Al.
12/5/2008 12:29:25 PM Mountain rrh:: yeah but im not a CCT just took the CTME and working through ideas on fractal grids correct placements all that good stuff... and was wondering if there was a place to post charts for comments and things like that... thanks though
12/5/2008 12:23:18 PM Mountain DBJ:: rrh, if you go to the Certified Chaos Trader Chat Room, CCT Room, there's a link at the bottom that enables you to add comments that only CCTs can see and contribute to.
12/5/2008 12:17:52 PM Mountain rrh:: is there a room for CTME people to talk about ideas? thanks for sharing the story --- pretty cool.
12/5/2008 11:56:20 AM Mountain jab:: Fantastic clinic today, Al: very much appreciated.
12/5/2008 11:00:57 AM Mountain AMBG:: Absolute, thanks for the reply.
12/5/2008 10:51:59 AM Mountain Al:: AMBG: goold is looking like it could rally. I never reveal to anyone what my positions are, though. When you do that, it screws up your psychology
12/5/2008 10:28:22 AM Mountain AMBG:: Dr. Larson, what your thoughts on gold going forward? I have kept a close eye on your XGO forecast data as well as they chart you have shown on your main page for GLD. Are you starting to enter positions on that yet?
12/5/2008 10:11:11 AM Mountain TG:: Al awesome story. Thanks for sharing that.
12/5/2008 9:46:41 AM Mountain DBJ:: I second what MJH said! Happy Rebirthday Al! :-)
12/5/2008 9:44:19 AM Mountain Al:: MM-I usually use a limit or market order for enty
12/5/2008 9:41:37 AM Mountain MJH:: Al thank you your an absolute gem, once again thank you for sharing this with us, you are one clever man. No more cavorting on the roof though, you might not get the option to refuse entry next time. Many kind regards M
12/5/2008 9:41:21 AM Mountain mm:: Yes Al - I remember 9 years ago - we are all lucky that you made it
12/5/2008 8:09:13 AM Mountain mm:: Al - do you use limit order or MIT for your buy ?
12/5/2008 6:54:19 AM Mountain Al:: GM all-good luck today
12/5/2008 6:22:21 AM Mountain mm:: gm all - have a great day
9:00 Eastern-System: No comments
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