Markets experienced a large gap higher and the common pattern for this type of day is for a midday shakeout which undercuts the vwap for the major market indicies and then the market finds renewed buying and finishes near the high of the day.
SOHU- no entry, remove from list
ACIW – if in from 2330, half should have been taken off at R2 for gain of 0.50 stop on bal to 2352
DYAX – if in from 2581 look to take half off ner R2 at 2683, stop should now be 2598
IPHI – if in this one, it was a little extended beyond the 2203 so it should be smaller position, stop 2175
AER – gap got it too far extended for purchase, remove from list
HABT – no reason to be involved, remove from list
SALT – if in at 267 stop of 262 now
