Chaos Clinic Recap
Here are Al's comments
3:31 wild and wooly day - happy with my +7.75 -thanks for coming - see you next week-take a course
3:27 covering +2
3:25 stop 24
3:16 lots of pushing and shoving-stop 26.5
3:02 resold 24 stop 27
3:01 Too much bounce for good trade
2:58 stopped +.75
2:55 stop 23 - XTide2Plus forecast working well-says down to close
2:43 stop 24 - will just ride this one
2:39 stop 25 - should be down into last moon timeline-2 Moon day- often volatile and one way
2:32 stop 26
2:25 new lows make shorts happy so they will hold
2:21 continutation sell 23.75 stop 26.75
2:17 low still holding - may see short covering soon
2:06 not yet-price same as 3 hours ago
1:58 about to get buy signal
1:50 I passed on the second trade-now may get a rally for the third one
1:47 support 1425 is on the Sun
1:41 marginal break of lows-7 swings from last high says it is a small Chaos Clamshell
1:33 Blood in the streets and a double bottom should attract some buyers
1:28 tested Mercury again-possible double bottom
1:18 TG-one of my Certified Chaos Traders, posted a fractal analyis suggesting the end of the down fractal near 1:00
1:14 The rotating exchange has come up under price to lift it-see X on the Wheel of Fortune
1:09 I have two trade times close ot each other - I will only do one trade, trying to wait for second one
1:04 second wave of selling about done-weak-low has held-watch for buying in about 30 minutes
12:52 the SPBias on chart of same name has turned bullish
12:50 turned up at Mercury timeline - it set yesterday's high
12:35 down into Mercury timeline/price
12:27 this drop is coming from the cycle I use in my Franklin trading system - second wave of outcry selling
12:17 1435.5 is Mercury +45 , 1/8 circle and natural resistance point
12:03 have now gotten above the 110 EXMA - so turning flat to up
11:55 I think the drop is over, because it was 180 degree Mercury swing-now could see the start of hope
for a Fed rate cut
11:39 Two Moon days-2 Moon timelines ind the day-often volatile and one way OR Moon-Noon-Moon pattern
11:33 up to Moon/Node 1434
11:26 low passing Jupiter/Mars/Pluto timelines; Since Mercury is hot, may rally to Mercury timeline
11:24 got initial shock of 18 points, then doubling of range to 36, a harmonic range expansion
11:13 taking +5 - don't like the bounce; missed my 9 point cover buy one tick
11:07 on a day like this, the lower Larson band, the 110 EXMA -4.5 points, acts as a stop guide
11:01 down to Mercury - 180 degree move
10:57 stop 32
10:53 this is an extreme day- speed of the 110 EXMA is 2.5 times normal -may hold until stopped out
10:51 stop 33 -locking 2
10:47 stop 34 - looking good-will hold
10:38 stop 35
10:32 stop 36 - may get huge range today
10:29 stop 37- falling dagger market
10:25 continuation sell 35 stop 38
10:23 still probing for a low
10:09 low on Mercury+45 degrees, so range 3/8 of circle
10:05 tracking red -Tide, watch for rally
9:58 support on Moon -T135 electric field flux line
9:54 large bottom wick on 3 minute candle-bullish
9:48 high 180 degrees to Mercury, low 180 degrees to Saturn-see Wheel of Fortune
9:44 out flat -
9:40 stop 39 - late entry for move so be cautious
9:38 early but sold 1439 stop 42 on continuation trade
9:36 failed - bears out in force
9:30 low came exactly on Moon timeline - suggests it may hold
9:22 pre-outcry range of 23 points makes day trading hard - 110 EXMA has to catch up before we can get any signals
9:11 That report sure took the wind out of the bull's sails - will take a while for them to regroup
9:07 broke that-now nearing cardinal 1440, 0 degrees
8:58 now 90 to Sun
8:47 harmonic 18 point range on streak from Mercury+180 to Mercury+90
8:31 Jobs report weak - should start hope of Fed rate cut
8:28 Jobs report soon
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
1/4/2008 10:59:39 AM Mountain TG:: end of fractal projects to this time so could be a higher low. I'll buy a 20/110 upside cross.
1/4/2008 10:35:35 AM Mountain TG:: I'm going to try and post a comment about multiday fractals in the certified chaos trader chat room. Based on that analysis, I think we'll get today's low point right about 1:00.
1/4/2008 6:12:29 AM Mountain Al:: GM all - good luck today
1/4/2008 5:04:43 AM Mountain mm:: gm all - have a great day
9:00 Eastern-System: No comments
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