11/29/2007 Thu
An Excellent Day For 30-Minute Gap
Play
FSLR and BIDU
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 index opened slightly lower.
The green dot indicates the opening
price.
Excerpts from Net Aid:
2007-11-29 23:00:58 hatch shadow
Good evening.
2007-11-29 23:02:58 hatch shadow
The Nasdaq formed a wide range up-bar and finished right below the 20-day MA.
Currently, the futures suggest the flat open.
2007-11-29 23:03:48 hatch shadow
Or should I say that the market would be opening slightly lower.
2007-11-29 23:07:16 hatch shadow
There are not many stocks you can short.
2007-11-29 23:07:23 hatch shadow
Strong uptrtending stocks are opening a bit lower, so we will be focusing on
30-min. gap plays to long.
2007-11-29 23:07:53 hatch shadow
ＤＲＹＳ is going to open about 0.5 point higher.
2007-11-29 23:08:20 hatch shadow
ＳＴＬＤ
2007-11-29 23:08:24 hatch shadow
Nearly 0.4 point higher.
2007-11-29 23:08:36 hatch shadow
ＢＣＳＩ
2007-11-29 23:08:46 hatch shadow
About 0.23 point higher.
2007-11-29 23:08:50 hatch shadow
ＧＲＭＮ
2007-11-29 23:08:56 hatch shadow
About 0.15 point, almost flat.
2007-11-29 23:09:04 hatch shadow
ＶＲＳＮ
2007-11-29 23:09:12 hatch shadow
It has already three consecutive up bars.
2007-11-29 23:09:19 hatch shadow
ＥＲＴＳ
2007-11-29 23:09:51 hatch shadow
This will be gapping down, a short selling candidate.
2007-11-29 23:11:47 hatch shadow
ＳＯＨＵ
2007-11-29 23:12:03 hatch shadow
Already three straight up days. Watch out for a reversal.
2007-11-29 23:12:09 hatch shadow
ＦＳＬＲ
2007-11-29 23:12:25 hatch shadow
This is a good one for 30-min. gap play.
2007-11-29 23:12:52 hatch shadow
ＡＭＺＮ
2007-11-29 23:13:04 hatch shadow
It will open about 0.4 point lower, but it is in a strong uptrend.
2007-11-29 23:13:10 hatch shadow
ＰＣＬＮ
2007-11-29 23:13:22 hatch shadow
ＱＣＯＭ
2007-11-29 23:13:39 hatch shadow
Add this one, too. (TEVA)
2007-11-29 23:13:50 hatch shadow
ＲＩＭＭ
2007-11-29 23:13:53 hatch shadow
This is a familiar name.
2007-11-29 23:14:26 hatch shadow
ＦＷＬＴ is a high priced stock. A gap less than 1 point is negligible.
2007-11-29 23:14:33 hatch shadow
ＳＰＷＲ
2007-11-29 23:14:43 hatch shadow
ＢＩＤＵ has already three straight up days. It will open about 1.3 point
higher.
2007-11-29 23:14:53 hatch shadow
ＧＯＯＧ is going to be down about three points.
2007-11-29 23:14:59 hatch shadow
But, this is a $700 stock. Three points are not that much at all.
2007-11-29 23:30:08 hatch shadow
The opening time.
2007-11-29 23:30:16 hatch shadow
Nearly all stocks opened lower.
2007-11-29 23:30:30 hatch shadow
Only SHLD is on hatch 3.
2007-11-29 23:31:17 hatch
BIDU
Up $210 for 100 shares.
2007-11-29 23:31:26 hatch
GOOG.
Up $109 for 50 shares.
2007-11-29 23:31:27 hatch
AAPL.
Up $80 for 200 shares.
2007-11-29 23:32:36 hatch shadow
ＢＩＤＵ already took out the gap.
Up $301 for 100 shares.
2007-11-29 23:32:51 hatch shadow
So is ＦＳＬＲ.
Up $484 for 100 shares.
2007-11-29 23:34:49 hatch shadow
ＢＩＤＵ
Up $502 for 100 shares
2007-11-29 23:35:15 hatch shadow
ＧＯＯＧ.
Up $152 for 50 shares.
2007-11-29 23:35:21 hatch shadow
ＲＩＭＭ is moving higher.
Up $100 for 200 shares.
2007-11-29 23:35:25 hatch shadow
ＡＡＰＬ
Up $136 for 200 shares.
2007-11-29 23:36:54 hatch shadow
Press 'H'. SHLD shows up as a short candidate.
2007-11-29 23:39:43 hatch shadow
ＦＳＬＲ is breaking out.
Up $331 for 100 shares.
2007-11-29 23:39:44 hatch shadow
So is ＢＩＤＵ.
Up $266 for 100 shares.
2007-11-29 23:59:32 hatch shadow
ＦＳＬＲ
Up $1078 for 200 shares.
The Nasdaq finished with an up-bar.
It is testing the 20-period MA.
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.