2/22/2008 Fri
Several Patterns
JOYG, GILD and ESRX
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 higher.
The green dot indicates the opening
price.
Excerpts from Net Aid:
2008-02-22 23:00:06 hatch
Good evening.
2008-02-22 23:05:27 hatch
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The Nasdaq is directionless as you can see. Currently, the futures are
strong. But, the upside gap will not be that big.
2008-02-22 23:07:46 hatch
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Let's start with short candidates.
INTU.
2008-02-22 23:08:38 hatch
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GILD
2008-02-22 23:09:18 hatch
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DRYS is the top short prospect.
2008-02-22 23:09:37 hatch
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BUCY
2008-02-22 23:09:48 hatch
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ESRX
2008-02-22 23:10:29 hatch
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FWLT
2008-02-22 23:10:49 hatch
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STLD
2008-02-22 23:11:14 hatch
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TEVA
2008-02-22 23:11:36 hatch
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ACAS
2008-02-22 23:12:26 hatch
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ILMN
2008-02-22 23:12:48 hatch
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JOYG
2008-02-22 23:13:38 hatch
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RIMM. Pay attention to this one.
2008-02-22 23:15:40 hatch
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Hard to borrow: ACAS, CROX, DRYS, FAST, FMCN, HOLX, SHLD and
SPWR.
2008-02-22 23:30:11 hatch
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The market has started.
2008-02-22 23:30:45 hatch
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JOYG is ready.
Up $200 for 500 shares.
2008-02-22 23:31:23 hatch
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ESRX and BUCY are indicated on hatch 3.
2008-02-22 23:31:30 hatch
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TEVA
broke even
2008-02-22 23:34:23 hatch
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INTU
Up $520
.2008-02-22 23:34:29 hatch
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GILD.
Up $300 for 500 shares.
2008-02-22 23:34:40 hatch
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NTRS
Up $250 for 500 shares.
2008-02-22 23:36:47 hatch
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JOYG
Up $250 for 500 shares
2008-02-22 23:38:12 hatch
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FWLT and HANS.
Up $300 for 500 shares
Up $120 for 500 shares.
Up $370 for 500 shares.
2008-02-22 23:45:07 hatch
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INTU is exceeding its average daily range.
2008-02-22 23:45:14 hatch
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So, don't trade it now.
It declined enough.
2008-02-23 00:11:52 hatch
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ESRX
Up $225 for 500 shares.
2008-02-23 00:16:50 hatch
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ESRX. Here's a chart.
2008-02-23 00:17:24 hatch
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You could have traded it twice.
The Nasdaq formed a flat real
body.
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.