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, NXTM triggered short (without market support due to opening 5 minutes) and didn’t work:
NTGR triggered short (without market support due to opening 5 minutes) and didn’t work, although it triggered later with support and did:
LULU gapped under the trigger, no play.
AREX triggered short (with market support) and worked:
SREV triggered short (without market support due to opening 5 minutes) and didn’t work:
PTEN triggered short (with market support) and worked:
In the Messenger, NTAP triggered long (with market support) and didn’t work, although we took it again on the retrigger and it did:
COST triggered long (with market support) and worked:
SINA triggered long (with market support) and worked for over a point:
Rich’s GOOG triggered short (with market support) and worked:
In total, that’s 6 trades triggering with market support, 4 of them worked, 2 did not.
