Gapper's Eye        Gapper's Eye Index        Daytradenet Top
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11/9/2007 Fri
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Winning Trades In Difficult Market

BIIB, 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.

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The Nasdaq gapped down on the open.

The green dot indicates the opening price.

Excerpts from Net Aid:

2007-11-09 23:02:22 hatch shadow
Good evening.

2007-11-09 23:03:23 hatch shadow
The Nasdaq made two consecutive wide range down bars

2007-11-09 23:04:15 hatch shadow
Currently, the futures are weak.

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2007-11-09 23:05:42 hatch shadow
Many stocks will be gapping down. First, BIDU.

2007-11-09 23:06:19 hatch shadow
‚f‚n‚n‚f.

2007-11-09 23:07:07 hatch shadow
JASO

2007-11-09 23:07:26 hatch shadow
It will be making a huge downside gap.

2007-11-09 23:07:50 hatch shadow
‚h‚r‚q‚f

2007-11-09 23:09:02 hatch shadow
RIMM.

2007-11-09 23:09:55 hatch shadow
GRMN.

2007-11-09 23:10:27 hatch shadow
This one may reverse.

2007-11-09 23:10:53 hatch shadow
CROX is a similar pattern.

2007-11-09 23:11:15 hatch shadow
SHLD.

2007-11-09 23:12:35 hatch shadow
FSLR is a long candidate.

2007-11-09 23:13:40 hatch shadow
And ‚m‚s‚q‚r.

2007-11-09 23:14:31 hatch shadow
APOL is also a long prospect.

2007-11-09 23:15:16 hatch shadow
And ‚c‚h‚r‚g.

2007-11-09 23:17:13 hatch shadow
‚a‚h‚h‚a looks interesting.

2007-11-09 23:17:50 hatch shadow
Watch FWLT too.

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2007-11-09 23:30:11 hatch shadow
The opening time.

2007-11-09 23:30:36 hatch shadow
FWLT and BIIB are gapping up.

Up $125 for 500 shares.

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No trade.

2007-11-09 23:30:43 hatch shadow
Short candidates.

2007-11-09 23:30:57 hatch shadow
Many short prospects.

2007-11-09 23:35:03 hatch shadow
FSLR shows strength.



Up $405 for 100 shares.
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2007-11-09 23:37:31 hatch shadow
‚b‚q‚n‚w

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2007-11-09 23:37:35 hatch shadow
‚v‚x‚m‚m

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2007-11-09 23:37:38 hatch shadow
‚b‚s‚r‚g

2007-11-09 23:43:18 hatch shadow
BIDU is challenging 342.

Up $632 for 100 shares
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2007-11-09 23:43:24 hatch shadow
‚e‚r‚k‚q is making a 5-bar high.

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2007-11-09 23:45:02 hatch shadow
Look at this I

2007-11-09 23:45:12 hatch shadow
Take profits now.

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Up $568 for 100 shares.

If you held all hatch 3 stocks till the close, you would have made $504  profits. 

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 Up $152

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Up $576

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Down $224

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The Nasdaq closed down.

Three consecutive down days

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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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