8/17/2007 Fri
Scalping: BIIB, AAPL and WFMI
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 opened higher following the Fed rates cut announcement. The green
dot shows the opening price.
Excerpts from Net Aid:
2007-08-17 22:31:59 hatch
Long AAPL at 122.50.
2007-08-17 22:34:24 hatch shadow
The futures are getting stronger.
2007-08-17 22:34:54 hatch
Out AAPL at 122.90.
It was a bit too late to enter.
2007-08-17 22:36:11 hatch shadow
ＷＦＭＩ looks good.
I like the daily chart pattern below.
2007-08-17 22:38:22 hatch shadow
FFIV
It has not gone up that much yet.
2007-08-17 22:39:14 hatch
Long AAPL at 122.64.
2007-08-17 22:40:25 hatch
Out at 123.10.
This chart is a bit too messy to push price
higher.
2007-08-17 22:50:44 hatch shadow
I'm looking at ＩＳＩＬ and ＢＩＩＢ.
2007-08-17 22:51:11 hatch shadow
Both stocks are ready to trade here.
This one did not work out.
2007-08-17 22:59:22 hatch shadow
Watch out ! The futures are losing steam.
You should get out of BIIB.
2007-08-17 23:03:29 hatch shadow
You don't have to force yourself to trade. Be prudent !
Total: Up 1.89 point
The NASDAQ formed a down bar with a small real body.
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.