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, SINA triggered long (with market support) and didn’t really work considering it is over $100, although I did take a partial:
ISIL, URBN, and SANM gapped under their short triggers, no plays.
ETFC triggered in the last five minutes, no play.
ASIA triggered short (without market support) and worked:
Not surprisingly with a gap, the calls in the Messenger did better.
GS triggered long (with market support) and worked:
AMZN triggered long (with market support) and worked enough for a partial:
RIMM triggered short (with market support) and worked:
EBAY triggered long (with market support) and did not work:
Rich’s TZOO triggered short (with market support) and worked:
Rich’s VMW triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked enough for a partial:
In total, that’s 8 trades triggering with market support, 6 of them worked, 2 did not.
