FADE the GAP
CHRW open at 47.15 means it gap down so we buy it ran to 47.62 for potential gain of $470/1000
ISRG gapped up we short, right now it is running down at 2 points for profits $2730/1000 shares
TEVA gapped up we short, running at the market open price $0/1000shares
CTXS gapped up we short, running down for also profits. $440/1000 shares
We are all out on these position and no longer holding anything, Fade the gap is over. Raked in the profit and we leave. In and out in 20 min and we raked over couple of hundred before 10 a.m
Intraday
Both stocks have hit our price target but was nulled because PEIX target price has been hit in the first 15 min of the market open and the other one gapped above our entry price so it is also nulled.
UPDATE
Crash
at 4.5% gain choose to cover or stay it with is at your own risk now
Tuesday, November 6, 2007
11/6/07
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2 comments:
Thank you Daytrader... when you explained it in FULL terms, I understand now.
I hope you can continue in FULL terms for others who might be in the same uncomfortable position as I am/was in.
The more we clearly understand your comments, the more ALL of us can make money.
This was the fastest gain ever lol!!! Wow made over 500 dollars in like half an hour with commission/fees and I was out. I was able to continue my daily routine and not stuck looking at the screen.
Daytrader I was wondering do you have anymore like plays are those are the only ones you use?
Thanks,
Brenda
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