Gapper's Eye        Gapper's Eye Index        Daytradenet Top
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10/22/2007 Mon
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Unexpected Opening Trades
AAPL, ISRG and GRMN@


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.

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The Nasdaq opened lower.

The green dot indicates the opening price.

Excerpts from Net Aid:

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2007-10-22 22:00:13 hatch shadow
Good evening.

2007-10-22 22:07:09 hatch shadow
Tokyo market gapped down big on the open and finished weak today. Currently, the futures are indicating lower open.   

2007-10-22 22:07:36 hatch shadow
But, it's not going to be a big gap down as you can see on the 1- and 3-min. charts.

2007-10-22 22:08:20 hatch shadow
‚`‚`‚o‚k is the only strong stock gapping up today.@

2007-10-22 22:08:24 hatch shadow
It's around ‚P‚V‚P.

2007-10-22 22:09:45 hatch shadow
‚`‚j‚`‚l is a short candidate. The weekly chart is weak.

2007-10-22 22:10:48 hatch shadow
Also ‚m‚h‚g‚c.

2007-10-22 22:12:00 hatch shadow
‚o‚b‚`‚q

2007-10-22 22:12:50 hatch shadow
This down bar is too long.

2007-10-22 22:13:46 hatch shadow
ISRG is a long candidate.@

2007-10-22 22:30:13 hatch shadow
The market has started.

2007-10-22 22:30:23 hatch shadow
‚m‚h‚g‚c.

2007-10-22 22:30:41 hatch shadow
Hatch 3.

2007-10-22 22:30:52 hatch shadow
Here is Break Scan.

2007-10-22 22:31:15 hatch shadow
‚b‚r‚b‚n,@‚d‚a‚`‚x and@‚m‚h‚g‚c.

2007-10-22 22:32:50 hatch shadow
‚`‚`‚o‚k, this is a 30-min. gap play.

2007-10-22 22:33:48 hatch shadow
The futures are moving higher.

2007-10-22 22:36:22 hatch shadow
Long AAPL near ‚T‚O.

2007-10-22 22:38:54 hatch shadow
‚f‚n‚n‚f is filling the gap.

2007-10-22 22:41:38 hatch shadow
‚h‚r‚q‚f is also filling the gap.

2007-10-22 22:43:08 hatch shadow
Unexpectedly strong.

2007-10-22 22:47:07 hatch shadow
Exit ISRG.

2007-10-22 22:47:09 hatch shadow
Taking profits.

2007-10-22 22:47:52 hatch shadow
Here are the futures.

2007-10-22 22:49:17 hatch shadow
It is nearing the resistance line.

2007-10-22 22:49:39 hatch shadow
AAPL still has more rooms.

2007-10-22 22:49:48 hatch shadow
AAPL, nice.

2007-10-22 22:50:27 hatch shadow
‚h‚r‚q‚f is challenging the high.

2007-10-22 22:52:04 hatch shadow
‚h‚r‚q‚f is almost hitting its average travel range.

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2007-10-22 22:52:25 hatch shadow
So is ‚f‚q‚l‚m.

2007-10-22 22:55:39 hatch shadow
‚h‚r‚q‚f still going.

2007-10-22 22:58:30 hatch shadow
Close your position.

2007-10-22 22:58:54 hatch shadow
You have enough profits.

2007-10-22 22:59:41 hatch shadow
‚h‚r‚q‚f (30-min)@

2007-10-22 23:13:47 hatch shadow
‚h‚r‚q‚f,‚`‚`‚o‚k and@‚f‚q‚l‚m are still moving higher.

2007-10-22 23:14:43 hatch shadow
‚`‚`‚o‚k is hitting a high of the day.

2007-10-22 23:14:57 hatch shadow
‚`‚`‚o‚k(daily)

2007-10-22 23:15:56 hatch shadow
ISRG on the move.

2007-10-22 23:19:19 hatch shadow
The futures.

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The Nasdaq formed a wide range up bar. 



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Gapper's Eye Index

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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
.

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