Gapper's Eye

Gapper's Eye Gapper's Eye Index Daytradenet Top
11/7/2007 Wed　　　 GOOG, BIDU and RIMM　 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. The green dot indicates the opening price. Excerpts from Net Aid: 　 2007-11-07 23:01:38 hatch Good evening. 2007-11-07 23:05:28 hatch shadow The Nasdaq closed higher yesterday. 2007-11-07 23:05:35 hatch shadow But, currently the futures suggest the weak start. 2007-11-07 23:07:01 hatch shadow FSLR. It will open higher near 170.70. 2007-11-07 23:07:19 hatch shadow A good pattern. 2007-11-07 23:07:51 hatch shadow ＳＰＷＲ. This one also appeared yesterday, too. 2007-11-07 23:08:14 hatch shadow It will make a small upside gap. 2007-11-07 23:08:24 hatch shadow ＪＡＳＯ. 2007-11-07 23:08:54 hatch shadow This will open near 61.50. 2007-11-07 23:09:22 hatch shadow And ＣＳＣＯ. 2007-11-07 23:09:50 hatch shadow This one is easy to trade. 2007-11-07 23:10:17 hatch shadow Here are stocks with downside gaps. 2007-11-07 23:12:29 hatch shadow This is a 30-min. gap play candidate. 　 2007-11-07 23:30:10 hatch shadow The opening time！ 2007-11-07 23:30:25 hatch shadow Many stocks are gapping down. 2007-11-07 23:31:51 hatch shadow Don't short stocks now. The futures are reversing to the upside. 2007-11-07 23:31:58 hatch shadow ＲＩＭＭ is the only long candidate so far. 2007-11-07 23:33:08 hatch shadow GOOG looks ready. 2007-11-07 23:33:17 hatch shadow This is a strong stock. I think it will go up. 2007-11-07 23:34:19 hatch shadow You can long ＧＯＯＧ now. 2007-11-07 23:34:26 hatch shadow If it goes against you, just exit. 2007-11-07 23:35:04 hatch shadow ＲＩＭＭ, nice. 2007-11-07 23:36:23 hatch shadow ＢＩＤＵ is nearing the intraday high. 2007-11-07 23:36:37 hatch shadow Take profits on ＲＩＭＭ. 2007-11-07 23:36:46 hatch shadow RIMM is pulling back on the 1-min. chart. 2007-11-07 23:37:54 hatch shadow ＳＮＤＡ is on the scan. 2007-11-07 23:38:09 hatch shadow BIDU is ready to long. 2007-11-07 23:44:45 hatch shadow ＢＩＤＵ is on the move. 2007-11-08 00:10:53 hatch shadow As you can see, most of them are reversing. It hit the average range, a good short candidate. 　 So was this one. You can find a pattern like this if you begin to watch the market 1 hour before the closing time. 2007-11-08 00:19:29 hatch shadow GOOG is the only long candidate now. 2007-11-08 00:19:33 hatch shadow Also ＲＩＭＭ. 　　 An additional trade: You could short this one if you watched the final 60 minutes of the market. 　 The Nasdaq closed down. I thought the market was totally recovered yesterday. 　 Pay attention to the lower band on the weekly chart. Breaking below means further deterioration. 　 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.