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. ETF calls do not require market support, and are thus either winners or losers.
From the report, ITMN triggered long (with market support) and worked enough for a partial:
DNKN, SOHU, and FLIR gapped over, no plays. RGLD gapped under the short trigger, no play.
From the Messenger/Tradesight_st Twitter Feed, Rich’s VXX triggered long (ETF, so no market support needed) and worked:
His EBAY triggered short (without market support due to opening 5 minutes) and didn’t work:
His FAS triggered short (ETF, so no market support needed) and worked:
GOOG triggered short (with market support) and worked:
Rich’s AMZN triggered short (with market support) and worked:
His DISH triggered short (with market support) and worked:
His VMW triggered short (with market support) and didn’t work:
In total, that’s 7 trades triggering with market support, 6 of them worked, 1 did not.
