If you are a regular reader, you know I use INET - specifically the "INET Top Lists" - as one of my resources to find gaps.
Many of you also know that INET is going to start charging for their book viewer on September 1st; but "Top Lists" will still be free. You will have to go to the new NASDAQTrader.com site, so update your bookmarks. Click here for the new url.
Note - for more information on how I find gaps, click here.
I have talked about Brett Steenbarger's book and site in a previous post, and he appears on my BlogRoll. He has a great post up about blogging and the "blogosphere", and generously mentions our site. Check it out.
Today's action was kind of choppy - especially in energy/oil and gas gaps. I had a nice percentage gainer in HOKU, and am still watching a few things. Check back Sunday for charts.
And PLEASE read the post on "Comments" etiquette.
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Tags:
Trader-X, Stocks, INET, HOKU
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Trading Without Drama
4 days ago
8 comments:
I caught HOKU, for all of about 3 seconds. As soon as my order triggered, I placed the "stop" that I had prepared ahead of time, only it wasn't a stop, it was a limit order! I have never done that before. I swear, can't win for tryin this week. Losses I can take, but something boneheaded like that...
Nabnalb - if a mistake can be made in a trade I have made it (and I believe most everyone else has too). I've bought when I wanted to sell and sold when I wanted to buy.
Had XMSR for awhile (off the third bar) but bailed before the top - this choppy crap has me so spooked I don't know what I'm doing half the time.
If all goes well with my PEIX trade (an energy play off the tropical storm) I will finish this week exactly where I started. And that just sucks. Still a break even is better than a loss. At least I learned some things.
Have a good weekend everyone. See you next week.
I caught HOKU as well... ISLE was my other big winner today. Today seemed to be the only decent day for me this week.
That stinks on the INET news. I regularly use booktrader to see how liquid a stock is before I trade it. Thanks for the heads up.
VRTX break of 30 min 7th bar and rite to fib extension....
posted by Tom C:
re: XRTX - personally, I would have. The 5th bar was flat - you don't see that too often.
Regarding INET, guess I misunderstood- I wasn't expecting the toplists to become worthless (no % change column)!
Kirk posted this link on his site about a week ago:
http://www.schaeffersresearch.com/streetools/centers/sttc/spotlight/gapping_higher.aspx
nabnalb - I sent an email to my inet contact and am waiting to hear...I cannot imagine why they would leave off that column.
Has anyone been able to find a new pre-market gap list?
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