Gapper's Eye        Gapper's Eye Index        Daytradenet Top
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2/5/2008 Tue
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30 - Minute Gap Play

AAPL and WYNN 


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:

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2008-02-05 22:59:41 hatch shadow
Good evening.

2008-02-05 23:06:44 hatch shadow
The Nasdaq closed on its 20-day MA yesterday.

2008-02-05 23:06:53 hatch shadow
Unfortunately, the futures suggest the lower open.

2008-02-05 23:07:06 hatch shadow
It's a big downside gap.

2008-02-05 23:07:32 hatch shadow
GOOG has the biggest downside gap, a short candidate.

2008-02-05 23:08:29 hatch shadow
drqw is another short candidate.

2008-02-05 23:09:06 hatch shadow
Long candidates: ILMN, BMRN, BUCY, CTXS, EXPD, FISV, GENZ, HOLX, INTU, ISRG, and
JBHT.

2008-02-05 23:18:58 hatch shadow
Hard to borrow stocks: DRYS, FMCN, HOLX, SHLD, and SPWR.

2008-02-05 23:30:09 hatch shadow
The market has begun.

2008-02-05 23:32:03 hatch shadow
Long hrqf.

Up $150 for 100 shares.

2008-02-05 23:33:15 hatch shadow
hklm

Up $400 for 500 shares.

2008-02-05 23:35:56 hatch shadow
`crj and @ahct.

Up $150 for 100 shares.

Up $120 for 1000 shares.

2008-02-05 23:37:31 hatch shadow
lres on hatch 3

2008-02-05 23:37:37 hatch shadow
Short MSFT.

2008-02-05 23:38:11 hatch shadow
Long ``ok.

2008-02-05 23:38:27 hatch shadow
vxmm@

2008-02-05 23:42:28 hatch shadow
Exit AAPL.

Up $80 for 200 shares.

2008-02-05 23:43:26 hatch shadow
Exit WYNN.

Up $944 for 200 shares.

2008-02-06 00:01:42 hatch shadow
hrqf

2008-02-06 00:03:01 hatch shadow
Watch out for a reversal.

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The index formed a down bar.

It could not take out the 20-day MA.

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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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