The Nasdaq gapped down on the
open.
The green dot indicates the opening
price.
It's not going to be an easy
day.
2008-02-20 22:59:18 hatch shadow
Good evening.
2008-02-20 23:03:00 hatch shadow
The Nasdaq closed decisively below the 20-day MA yesterday.
Currently, the futures are weak.
2008-02-20 23:03:35 hatch shadow
Many stocks will be opening lower.
2008-02-20 23:04:10 hatch shadow
GOOG has the biggest downside gap. It will open at a 5-day low. It
is a short candidate.
2008-02-20 23:05:02 hatch shadow
Here are the charts.
2008-02-20 23:05:23 hatch shadow
ahct is another short candidate.
2008-02-20 23:05:46 hatch shadow
rovq. This one is hard to borrow.
2008-02-20 23:05:54 hatch shadow
bqnw, a short candidate.
2008-02-20 23:06:10 hatch shadow
WFMI. This one is hard to borrow.
2008-02-20 23:06:17 hatch shadow
More short candidates...
2008-02-20 23:06:31 hatch shadow
ldkh
2008-02-20 23:06:49 hatch shadow
`lym.
2008-02-20 23:07:18 hatch shadow
bnrs
2008-02-20 23:08:00 hatch shadow
GRMN is gapping up, a long candidate.
2008-02-20 23:08:11 hatch shadow
The weekly chart does not look good, but this one is today's long
prospect.
2008-02-20 23:08:24 hatch shadow
More long candidates...
2008-02-20 23:08:54 hatch shadow
evks, a 30-min. pattern candidate.
2008-02-20 23:09:06 hatch shadow
PCLN has excellent chart patterns, a 30-min. gap candidate.
2008-02-20 23:09:21 hatch shadow
sdu`
2008-02-20 23:09:41 hatch shadow
rskc
2008-02-20 23:10:24 hatch shadow
ILMN
@
2008-02-20 23:10:49 hatch shadow
drqw
2008-02-20 23:11:08 hatch shadow
bsrg
2008-02-20 23:11:12 hatch shadow
Pay attention to this one.
2008-02-20 23:11:29 hatch shadow
atbx, nice charts.
2008-02-20 23:11:41 hatch shadow
alqm
2008-02-20 23:16:04 hatch shadow
PAYX, a hatch 3 stock, formed a wide range down bar.
2008-02-20 23:16:14 hatch shadow
It had a good chart pattern, but nonetheless ended weak. This kind
of thing could happen once in a while.
2008-02-20 23:30:09 hatch shadow
The market has opened.
2008-02-20 23:30:22 hatch shadow
Long fqlm.
Down $108 for 200 shares.
It was a 5-day high. It was a magic cross. It took out the prior
day's resistance. But, the stock still reversed to the downside.
2008-02-20 23:30:35 hatch
shadow
Short GOOG as planned.
A 5-day low and a magic cross.
@
Up $131 for 50 shares.
2008-02-20 23:31:39 hatch shadow
Long jk`b.
2008-02-20 23:31:58 hatch shadow
`lym
Up $92 for 200 shares.
The daily is in a downtrend.
The daily is in a downtrend.
Up $240 for 500 shares.
2008-02-20 23:32:42 hatch shadow
ob`q@
Up $65 for 500 shares.
@
2008-02-20 23:33:40 hatch shadow
pbnl
Up $160 for 500 shares.
2008-02-20 23:34:04 hatch shadow
fhkc, a 30-min. gap pattern.
The gap was too big.
2008-02-20 23:34:19 hatch shadow
fnnf is moving lower.
2008-02-20 23:34:35 hatch shadow
Also ahct.
2008-02-20 23:36:54 hatch shadow
fqlm may be bought at the lower boundary.
Up $200 for 200 shares.
2008-02-20 23:37:38 hatch shadow
NDAQ is on hatch 3.
2008-02-20 23:39:31 hatch shadow
bnrs
Up $150 for 500 shares.
2008-02-20 23:46:50 hatch shadow
hatch 3
2008-02-20 23:49:11 hatch shadow
Short mc`p here.
The Nasdaq formed a wide range
up bar.
Source: 2006 CQG, Inc. All rights reserved worldwide.