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Big Gap Open Expected in SP 500 Tuesday Jan 22, 2008

A big gap open is expected in the stock market Tuesday morning. I analyzed a selection of past -2% gaps lower. After careful analysis, I designed my anticipated pattern and game plan. My game plan is to buy after the open on a strength violation in the 5 min chart. A similar violation after 9 am is another buy target. A mid morning high will be established around 10am and I hope to have locked in a good 75% total position profit by then. I’ll look for some finishing strength after 1 pm for a strong finish into the close.

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