With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, GNTX triggered short (with market support) and worked a little:
SNPS triggered short (with market support) and worked:
FLIR triggered short (without market support) and didn’t do much:
LNCR triggered short (without market support due to opening five minutes) and worked:
VPHM triggered short (without market support due to opening five minutes) and worked:
JDSU gapped under the short trigger, no play.
In the Messenger, NFLX triggered short (with market support) and didn’t work:
BIDU triggered short (with market support) and worked for over a point:
Rich’s MOS triggered short (without market support) and didn’t work:
Rich’s JPM triggered long (with market support) and didn’t work:
His SINA triggered short (with market support) and worked great:
GS triggered short (with market support) and worked:
In total, that’s 7 trades triggering with market support, 6 of them worked, 1 did not.
