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10/4/2007 Thu

Trading  Reversals

JRJC 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.

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New Break Scan Pro

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The Nasdaq opened higher.

The green dot indicates the opening price.

Excerpts from Net Aid:

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2007-10-04 22:30:11 hatch shadow
The  market has begun.

2007-10-04 22:30:28 hatch shadow
‚i‚q‚i‚b is on hatch 3.

2007-10-04 22:32:29 hatch shadow
‚b‚s‚r‚g shows strength.

2007-10-04 22:34:03 hatch shadow
The futures are going down all the sudden.

2007-10-04 22:39:43 hatch shadow
‚r‚g‚k‚c is nearing the high.

2007-10-04 22:42:18 hatch shadow
‚r‚g‚k‚c broke out.

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2007-10-04 22:43:41 hatch shadow
‚b‚s‚r‚g is challenging the high.

2007-10-04 22:46:52 hatch shadow
The futures are still weak.

2007-10-04 22:53:15 hatch shadow
That's it for ‚r‚g‚k‚c.

2007-10-04 22:54:47 hatch shadow
This is how the Nasdaq index looks.

2007-10-04 22:58:30 hatch shadow
‚e‚r‚k‚q is reversing to the upside.

2007-10-04 22:58:50 hatch shadow
The futures are reversing, too.

2007-10-04 22:59:28 hatch shadow
‚i‚q‚i‚b already moved its average daily range. It might not be a bad idea to long here.@

2007-10-04 23:00:13 hatch shadow
40.76 is a good price to buy JRJC.

2007-10-04 23:05:36 hatch shadow
‚i‚q‚i‚b is still below its 20-period MA.

2007-10-04 23:11:46 hatch shadow
‚i‚q‚iC has big bid-ask spread, tough to day trade.

2007-10-04 23:13:24 hatch shadow
‚i‚q‚i‚b is on the move.

2007-10-04 23:23:07 hatch shadow
‚a‚h‚c‚t is moving too.

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Up nearly 8 points !

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The Nasdaq formed a doji-like down 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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