8/27/2007 Mon
Scalping CROX 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 lower as indicated by the green dot.
Excerpts fron Net Aid:
2007-08-27 22:25:49 hatch shadow
We will be focusing on CROX, AMZN, QCOM and WFMI today as long candidates.
2007-08-27 22:30:20 hatch
Long CROX at 61.53.
2007-08-27 22:30:36 hatch shadow
This is level 4.
2007-08-27 22:30:53 hatch
Exit at 61.85.
2007-08-27 22:31:21 hatch shadow
WFMI is showing strength.
2007-08-27 22:31:29 hatch shadow
TROW is reversing.
2007-08-27 22:31:50 hatch shadow
EBAY has three straight down bars.
2007-08-27 22:31:58 hatch shadow
CTSH has two consecutive down bars.
2007-08-27 22:32:19 hatch shadow
Level 5 has 5 stocks, but I don't like daily patterns.
2007-08-27 22:32:51 hatch shadow
WFMI is the best one today.
2007-08-27 22:34:08 hatch shadow
It's time to take profits on WFMI.
2007-08-27 22:45:39 hatch shadow
The futures are getting weak. Be careful !
Total: Up 1.43
point.
The Nasdaq formed a down bar.
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.