2/26/2008 Tue
Difficult Opening Hour
GILD, MCHP 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.
The Nasdaq opened lower.
The green dot indicates the opening
price.
Excerpts from Net Aid:
2008-02-26 22:56:32 hatch shadow
Good evening.
2008-02-26 23:05:41 hatch shadow
The Nasdaq is moving sideways, still below the 20-day MA. The futures
are currently weak.
2008-02-26 23:06:05 hatch shadow
It's going to be a bit hard.
2008-02-26 23:06:09 hatch shadow
The futures are down.
2008-02-26 23:07:53 はっちshadow
Hard to borrow issues: ＡＣＡＳ, ＤＲＹＳ, ＪＭＣＮ, ＨＯＬＸ,
ＳＨＬＤ and ＳＰＷＲ.
2008-02-26 23:08:20 hatch shadow
Many stocks will be gapping down on the open.
2008-02-26 23:08:22 hatch shadow
ＧＯＯＧ has a big downside gap, a short candidate.
2008-02-26 23:09:36 hatch shadow
The daily on left, and the weekly on right.
2008-02-26 23:10:19 hatch shadow
ＢＩＤＵ, another short prospect.
2008-02-26 23:10:45 hatch shadow
ＡＡＰＬ, a short candidate.
2008-02-26 23:11:03 hatch shadow
ＧＲＭＮ will open about 0.8 point lower.
2008-02-26 23:11:37 hatch shadow
ＡＰＯＬ, an ideal pattern.
2008-02-26 23:12:20 hatch shadow
Now, long candidates.
2008-02-26 23:12:29 hatch shadow
ＡＣＡＳ
2008-02-26 23:12:38 hatch shadow
ＢＵＣＹ
2008-02-26 23:12:59 hatch shadow
ＣＥＮＸ
2008-02-26 23:13:12 hatch shadow
ＦＷＬＴ
2008-02-26 23:13:27 hatch shadow
ＩＬＭＮ
2008-02-26 23:13:33 hatch shadow
ＪＯＹＧ
2008-02-26 23:13:47 hatch shadow
ＭＣＨＰ
2008-02-26 23:13:58 hatch shadow
ＱＣＯＭ
2008-02-26 23:14:12 hatch shadow
ＳＴＬＤ. This will be opening lower, 30-min. gap pattern candidate.
2008-02-26 23:14:22 hatch shadow
TEVA.
2008-02-26 23:14:30 hatch shadow
ＶＲＳＮ
2008-02-26 23:30:10 hatch shadow
The market has opened.
2008-02-26 23:30:52 hatch shadow
Long ＧＩＬＤ.
Up $100 for 500 shares.
2008-02-26 23:31:26 hatch shadow
Long ＭＣＨＰ.
Up $320 for 1000 shares.
2008-02-26 23:32:06 hatch shadow
GOOG.
broke even.
2008-02-26 23:34:52 hatch shadow
ＪＯＹＧ
It could not break out.
2008-02-26 23:36:38 hatch shadow
Short ＡＡＰＬ.
Up $480 for 600 shares.
2008-02-26 23:41:12 hatch shadow
Short ＡＡＰＬ gain.
Up $330 for 600 shares.
2008-02-26 23:44:51 hatch shadow
GOOG
Up $102 for 100 shares.
2008-02-26 23:49:32 hatch shadow
It is nearing the support level.
2008-02-26 23:58:52 hatch shadow
ＡＡＰＬ will go below 117 sooner or later.
2008-02-26 23:59:10 hatch shadow
ＡＡＰＬ broke below 117.
Up $1296 for 600 shares.
Total gain of 3.51 points. We took 70% of the average daily range.
Down $288 if we held it till the close.
Down $108 if we held it from the beginning to the end.
The Nasdaq formed a wide range
up bar.
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.