Gapper's Eye        Gapper's Eye Index        Daytradenet Top
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3/4/2008 Tue

Focusing  on Short

STLD: Excellent 30-Min. Gap Play


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 gapped down.

The green dot indicates the opening price.

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Excerpts from Net Aid:

2008-03-04 23:03:05 hatch shadow
The Nasdaq made three straight down days. Currently the futures are weak.

2008-03-04 23:04:51 hatch shadow
Short candidates:

2008-03-04 23:05:00 hatch shadow
GOOG.

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2008-03-04 23:05:19 hatch shadow
‚h‚r‚q‚f

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2008-03-04 23:05:38 hatch shadow
‚a‚h‚c‚t

2008-03-04 23:05:48 hatch shadow
‚y‚h‚n‚m

2008-03-04 23:06:05 hatch shadow
‚i‚n‚x‚f

2008-03-04 23:06:14 hatch shadow
‚q‚h‚l‚l

2008-03-04 23:06:27 hatch shadow
‚`‚l‚y‚m@

2008-03-04 23:07:42 hatch shadow
‚h‚m‚e‚x@

2008-03-04 23:07:47 hatch shadow
‚m‚c‚`‚p

2008-03-04 23:07:58 hatch shadow
‚k‚q‚b‚w

2008-03-04 23:08:15 hatch shadow
‚g‚`‚m‚r

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2008-03-04 23:08:59 hatch shadow
Long candidates: ‚f‚h‚k‚c@

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2008-03-04 23:09:14 hatch shadow
‚r‚s‚k‚c

2008-03-04 23:09:54 hatch shadow
‚a‚t‚b‚x

2008-03-04 23:10:14 hatch shadow
‚b‚d‚o‚g

2008-03-04 23:10:29 hatch shadow
‚d‚q‚s‚r

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2008-03-04 23:30:09 hatch shadow
The market has opened.

2008-03-04 23:31:19 hatch shadow
‚g‚`‚m‚r

2008-03-04 23:31:34 hatch shadow
hatch 3 shows ‚v‚e‚l‚h@.

2008-03-04 23:31:50 hatch shadow
From Breakscan: ‚h‚m‚e‚x@‚v‚e‚l‚h@‚b‚s‚w‚r@‚v‚x‚m‚m@‚t‚`‚t‚`.

Up $254 for 200 shares

2008-03-04 23:33:00 hatch shadow
‚t‚`‚t‚`@

Up $310 for 1000 shares.

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2008-03-04 23:33:03 hatch shadow
It's on Breakscan.

Up $255 for 500 shares.

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2008-03-04 23:33:11 hatch shadow
‚b‚s‚w‚r

Up $80 for 1000 shares

2008-03-04 23:33:31 hatch shadow
‚y‚h‚n‚m is a short candidate.

Up $142 for 50 shares.

2008-03-04 23:38:10 hatch shadow
‚q‚h‚l‚l.

Up $202 for 200 shares.

2008-03-04 23:40:23 hatch shadow
STLD is ready here, a strong stock.

2008-03-04 23:41:35 hatch shadow
‚r‚s‚k‚c is it.

Up $1000 for 500 shares.

Down $468. It reversed .     

It had a good daily chart pattern.

2008-03-04 23:54:35 hatch shadow
‚r‚s‚k‚c exceeded the average daily range.

The average range is about 2.5 points.

2008-03-05 00:15:56 hatch shadow
ExitI

Up $1000 for 500 shares.


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The index formed an up bar.

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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
.

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