Gapper's Eye        Gapper's Eye Index        Daytradenet Top
@



12/6/2007  Thu
@@@

Simple Trading Patterns In The Opening Hour

AAPL, GOOG, BIDU and ISRG


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.

@

@

The Nasdaq opened flat.

The green dot indicates the opening price.

Excerpts from Net Aid:

@
2007-12-06 23:00:26 hatch shadow
Good evening !

2007-12-06 23:04:13 hatch shadow
The Nasdaq formed an up bar and finished just below the upper band.

2007-12-06 23:04:41 hatch shadow
The futures are currently directionless.

2007-12-06 23:04:45 hatch shadow
It's going to be the flat open.

2007-12-06 23:05:56 hatch shadow
Gapping down stocks are: BIDU, FSLR, SHLD and JOYG. They are not good short selling prospects because of their trends.

2007-12-06 23:06:26 hatch shadow
But, qhll is a short selling candidate.

2007-12-06 23:06:48 hatch shadow
It will be opening down about 0.7 point.

2007-12-06 23:07:09 hatch shadow
hrqf will be opening flat.

2007-12-06 23:07:12 hatch shadow
It is in a strong uptrend.

2007-12-06 23:07:26 hatch shadow
Let's go over long prospects.

2007-12-06 23:07:28 hatch shadow
mc`p

2007-12-06 23:07:43 hatch shadow
It's up about 0.5 point, not bad.

2007-12-06 23:07:50 hatch shadow
``ok

2007-12-06 23:08:04 hatch shadow
This one is also up about 0.5 point.

2007-12-06 23:08:08 hatch shadow
CROX will be up 0.4 point.

2007-12-06 23:08:32 hatch shadow
fhkc is up 0.2 point.

2007-12-06 23:08:42 hatch shadow
ob`q

2007-12-06 23:08:45 hatch shadow
This will be up slightly.

2007-12-06 23:30:08 hatch shadow
The opening bell !

2007-12-06 23:30:14 hatch shadow
Long ``ok.

Up $385 for 200 shares.

@

2007-12-06 23:30:51 hatch shadow
Here's hatch 3.

2007-12-06 23:31:19 hatch shadow
Long drqw.

Up $120.

2007-12-06 23:31:24 hatch shadow
Long fnnf.

Up $102 for 50 shares.

2007-12-06 23:32:05 hatch shadow
Long ahct. It has bottomed out.

Up $301 for 100 shares.

2007-12-06 23:34:39 hatch shadow
fnnf is breaking out.

Up $76 for 50 shares.

2007-12-06 23:36:10 hatch shadow
hrqf is on the move.

2007-12-06 23:36:50 hatch shadow
So is ahct.

2007-12-06 23:38:20 hatch shadow
Out hrqf.

Up $510 for 100 shares.

2007-12-06 23:39:31 hatch shadow
Exit BIDU.

Up $433 for 100 shares.

2007-12-06 23:39:53 hatch shadow
This is enough profit for the day.

2007-12-06 23:40:11 hatch shadow
hatch 3 (level 1)

@

The index finished with a wide range up bar.

Has it begun the uptrend?
@


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
.

@

@

@

@

@