Gappers Aug 15, 2013

GAP UP - $NTES, $A, $EL, $KSS, $DISH; GAP DOWN - $PRGO, $CSCO, $NTAP, $WMT,$XLNX, $CIEN, $ONXX

DE short-long

Played $DE both ways. One thing to remember in day trading is - change your views as the market and stock reacts. Look at the way this was played. There was a consolidation on 1 min so I went short below that consolidation. Took profit on whole number and to protect prior lows.

Then there was a consolidation on 1 min again, could have gone both ways. It went up, I entered and entered more when 82 held. Took profits near 83.. Milked this both ways.. awesome trade with gains over 7R!!!

Gappers Aug 14 2013

GAP UP - $DE, $HCA, $JKS, $BRCD, $MNKD, $STI, $SINA; DOWN - $CREE, $MM,$MYGN, $M, $NTI, $Z, $MLNX

IOC long

I played the bounce at 200 days moving avg this morning. I exited a bit earlier than what is shown on the charts, but the real exit should have been as pointed out. One can play blind on such plays when you see 3-5 bars falling all the way to support. Such plays always work out.

SINA long

The best play on this one was shorting it at open. I missed the play and did long much later. That worked well too. Reason to go long was 80 suport on this stock. Hence went long and it payed out.

Gappers Aug 13, 2013

GAP UP - $SINA, $NQ, $IOC, $FLO, $CST, $AG, $XRX, $MRVL, $LLY, $LULU, $XONE; GAP DOWN - $MSFT, $OWW, $SWY, $YUM

SYY short

I played $SYY short on the 1 min chart, it formed an excellent pattern, shorted more closer to 34 which is risky since it may hold the whole number support. But I did because before it dipped for 1 bar and came back, so chances are it will break the whole number. I exited to protect 34