Gapper's Eye        Gapper's Eye Index        Daytradenet Top
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11/5/2007  Mon
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Trading Both Ways As Expected

GOOG, BIDU ,RIMM and  AAPL@


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 opened lower.

The green dot indicates the opening price.

Excerpts from Net Aid:

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2007-11-05 23:01:59 hatch shadow
Good evening. Although the market closed above the 20-day MA last Friday, currently the futures indicates the weak open.

2007-11-05 23:02:02 hatch shadow
The daily and 30-min.

2007-11-05 23:02:24 hatch shadow
The 1- and 3-min. charts.

2007-11-05 23:03:15 hatch shadow
‚b‚q‚n‚w is a short candidate.

2007-11-05 23:04:08 hatch shadow
‚f‚q‚l‚m

2007-11-05 23:04:54 hatch shadow
The stock made three straight down days already, but prices are still above the 20-period MA on the weekly chart.

2007-11-05 23:05:18 hatch shadow
BBBY is a good short candidate.

2007-11-05 23:06:59 hatch shadow
BRCM. This one is questionable.

2007-11-05 23:15:02 hatch shadow
‚j‚k‚`‚b is another short candidate.

2007-11-05 23:30:19 hatch shadow
The opening time !

2007-11-05 23:30:52 hatch shadow
This is ‚g‚T.

2007-11-05 23:31:02 hatch shadow
‚a‚a‚a‚x and ‚b‚q‚n‚w.

Up $300.

Up $400.

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2007-11-05 23:31:04 hatch shadow
‚j‚k‚`‚b

Up $120.

2007-11-05 23:32:33 hatch shadow
All red.

2007-11-05 23:33:28 hatch shadow
Long ‚f‚n‚n‚f

Up $772 for ‚P‚O‚O shares.

2007-11-05 23:34:35 hatch shadow
Long ‚a‚h‚c‚t.

Up $504 for ‚P‚O‚O shares.

2007-11-05 23:35:00 hatch shadow
The futures are reversing to the upside.

2007-11-05 23:37:21 hatch shadow
GOOG again.

2007-11-05 23:39:21 hatch shadow
Long ‚`‚`‚o‚k.

Up $375 for 500 shares.

2007-11-05 23:40:29 hatch shadow
‚f‚nO‚f

2007-11-05 23:42:12 hatch shadow
The futures are moving into the gap.

2007-11-05 23:45:04 hatch shadow
Long GOOG.

Up $400 for 100 shares. 

2007-11-05 23:52:37 hatch shadow
‚q‚h‚l‚l is taking out the high.

Up $680 for 500 shares.

2007-11-05 23:55:46 hatch shadow
‚a‚h‚c‚t is moving out of the gap.

Up $503 for 100 shares.

2007-11-05 23:58:59 hatch shadow
‚f‚n‚n‚f is near its average daily range.

2007-11-05 23:59:08 hatch shadow
‚a‚h‚c‚t can still go higher.

Up $540 for 100 shares.
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2007-11-06 00:01:43 hatch shadow
The futures show strength.

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2007-11-06 00:01:56 hatch shadow
‚f‚n‚n‚f is now exceeding the average daily range.

2007-11-06 00:03:54 hatch shadow
The futures are starting to pull back.

2007-11-06 00:03:58 hatch shadow
Exit GOOG.

2007-11-06 00:04:03 hatch shadow
‚a‚h‚c‚t.

2007-11-06 00:10:18 hatch shadow
The futures are weak. I think this is it for today.

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The Nasdaq closed with an up-bar.

It barely made it.(LOL)
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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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