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, FAST triggered long (with market support) and worked great:
OVTI triggered short (without market support) and worked great:
SREV triggered short (without market support) and didn’t work:
In the Messenger, SINA triggered short (without market support) didn’t work the first time, worked huge the second:
NTAP triggered short (without market support) and worked:
Rich’s MCP triggered short (with market support) and worked:
His OPEN triggered short (with market support) and worked:
His IBM triggered long (with market support) and didn’t work:
AIG triggered long (with market support) and didn’t work:
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not.