8/16/2007 Thu
Scalping: BIIB, WYNN, AAPL, ISIL, FAST
Gapper's
Eye utilizes our original unique stock scanner, Break Scan, and sophisticated
chart software, CQG. With nominal fee, the Break Scan is available to our
members.
The Kamikaze Gap Play
was introduced to the U.S. traders in the
August 2005 issue of Active Trader Magazine.
The NASDAQ gapped down on the open
as indicated by the green dot. Watch out for a reversal especially after three consecutive
down days !
Excerpts from Net Aid:
2007-08-16 22:37:10 hatch shadow
BIIB looks good.
Up $600 if you traded 1000 shares, or up $300 if you traded 500
shares.
2007-08-16 22:38:54 hatch shadow
You should take profits on WYNN now.
Up $430 if you traded 500 shares.
2007-08-16 22:40:59 hatch shadow
BIIB is getting stronger.
Up $600 for 1000 shares, or up $300 for 500
shares.
2007-08-16 22:46:23 hatch shadow
BIIB is on the move !
2007-08-16 22:47:21 hatch shadow
It's time to take profits on BIIB.
Up $600 for 1000 shares, or up $300 for 500 shares.
2007-08-16 22:55:10 hatch shadow
ISIL looks interesting. It's trading in a narrow range.
We are looking for a breakout either way.
2007-08-16 22:56:04 hatch shadow
AAPL's moving lower.
2007-08-16 22:58:50 hatch shadow
ISIL's breaking lower.
A breakdown from a range. Up $1000 for 1000
shares.
2007-08-16 22:59:32 hatch shadow
AAPL, 1-min. chart, a nice breakdown.
Up $1570 for 500 shares.
2007-08-16 23:09:55 hatch shadow
The market may finish with an up-bar, or there is a good chance
that it would form a doji.
2007-08-16 23:15:53 hatch shadow
FAST
Up $360 for 1000 shares.
2007-08-16 23:23:54 hatch shadow
FAST surged higher.
Total: Up $3960
The index formed an up-bar as
expected.
Gapper's Eye Index
Daytradenet Top
Charts courtesy of CQG
Source: 2006 CQG, Inc. All rights reserved worldwide.
Red
and blue zones show the gap of the preceding day.
The Green zone indicates the profitable zone of
trading.