Gapper's Eye        Gapper's Eye Index        Daytradenet Top
@



10/17/2007 Wed
@@@

Gapped up, But..

JASO, WYNN and FWLT@


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 with an upside gap.

The green dot indicates the opening price.

Excerpts from Net Aid:

@

2007-10-17 22:00:09 hatch shadow
Good evening !

2007-10-17 22:02:34 hatch shadow
After two down days, the futures are strong today.

2007-10-17 22:02:48 hatch shadow
It's going to be a big upside gap.

2007-10-17 22:03:01 hatch shadow
It will open at a 5-day high.

2007-10-17 22:03:27 hatch shadow
GOOG has the biggest gap among stocks we follow.

2007-10-17 22:04:03 hatch shadow
But, it's not going to be a 5-day high.

2007-10-17 22:04:19 hatch shadow
BIDU, next.

2007-10-17 22:04:35 hatch shadow
This one is not good either.

2007-10-17 22:05:04 hatch shadow
DRYS is no good, too.

2007-10-17 22:05:51 hatch shadow
‚e‚r‚k‚q

2007-10-17 22:06:18 hatch shadow
This one is good.

2007-10-17 22:07:05 hatch shadow
RIMM

2007-10-17 22:07:18 hatch shadow
This one is not going to make a 5-day high.

2007-10-17 22:07:21 hatch shadow
‚`‚`‚o‚k

2007-10-17 22:07:55 hatch shadow
This one is good.

2007-10-17 22:08:41 hatch shadow
‚e‚v‚k‚s

2007-10-17 22:08:51 hatch shadow
This one is good.

2007-10-17 22:09:26 hatch shadow
‚i‚`‚r‚n

2007-10-17 22:10:06 hatch shadow
This one is good also.

2007-10-17 22:10:18 hatch shadow
C‚q‚n‚w

2007-10-17 22:10:48 hatch shadow
This, too, is good.

2007-10-17 22:11:12 hatch shadow
‚a‚q‚b‚l

2007-10-17 22:11:46 hatch shadow
Too many consecutive up bars, but acceptable.

2007-10-17 22:12:04 hatch shadow
‚l‚r‚e‚s

2007-10-17 22:12:51 hatch shadow
A big gap, but this one does not move very much.

2007-10-17 22:13:08 hatch shadow
‚g‚`‚m‚r is good.

2007-10-17 22:13:37 hatch shadow
That's about it.

2007-10-17 22:30:09 hatch shadow
Opening time.I

2007-10-17 22:30:54 hatch shadow
Let's change to more strict parameters.

2007-10-17 22:34:01 hatch shadow
The futures are weak.

2007-10-17 22:34:12 hatch shadow
Break Scan shows ‚e‚r‚k‚q as a breakout stock

2007-10-17 22:34:53 hatch shadow
‚i‚`‚r‚n is nearing the high.

2007-10-17 22:35:51 hatch shadow
‚i‚`‚r‚n is breaking out.

2007-10-17 22:36:40 hatch shadow
Here's hatch3.

2007-10-17 22:37:59 hatch shadow
You can long ‚`‚`‚o‚k as it reverses to the upside.

@

‚`‚`‚o‚k staged a rallyI

2007-10-17 22:38:46 hatch shadow
Here are the futures.

2007-10-17 22:41:43 hatch shadow
The decline is not that drastic.

2007-10-17 22:42:25 hatch shadow
‚`‚`‚o‚k has a support near ‚P‚V‚Q.

@

2007-10-17 22:44:43 hatch shadow
Look at ‚e‚r‚k‚q.

2007-10-17 22:49:50 hatch shadow
The futures are coming back.

@

2007-10-17 22:50:56 hatch shadow
Let's loosen up conditions.

2007-10-17 22:52:00 hatch shadow
WYNN

2007-10-17 22:52:21 hatch shadow
‚b‚q‚n‚w is taking out the 20-MA on the 1-min. chart.

@

2007-10-17 23:00:23 hatch shadow
It's almost 30 minutes into the trading.

@

2007-10-17 23:04:18 hatch shadow
I can't tell if the futures are bottomed out or not.

2007-10-17 23:07:58 hatch shadow
‚e‚v‚k‚s near the opening price.

2007-10-17 23:19:07 hatch shadow
‚e‚r‚k‚q is taking out the opening price.

2007-10-17 23:34:07 hatch shadow
‚e‚v‚k‚s and @‚e‚r‚k‚q@are strong.


@

@

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
.

@

@

@

@

@