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, MPEL triggered long (with market support) and didn’t work:
ADSK triggered long (with market support) and worked (ignoring the bad price spike on the opening bar):
CHKP triggered long (with market support) and worked great:
MXIM triggered long (with market support) and didn’t work:
RGLD triggered short (with market support) and didn’t work:
In the Messenger, Rich’s first AAPL call triggered short (without market support) and worked:
His second AAPL call later in the day triggered short (without market support) and worked:
Several other calls did not trigger.
In total, that’s 5 trades triggering with market support, 2 of them worked, 3 did not. Under 50% first the first time in a while on a light volume day.
