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, ZIOP triggered long (without market support) and worked:
MSCC triggered long (with market support) and didn’t work:
CPHD triggered long (without market support due to opening 5 minutes) and didn’t work. It triggered later and worked:
MNST triggered short (without market support) and didn’t work, worked later with market support:
From the Messenger/Tradesight_st Twitter Feed, Rich’s VXX triggered long (ETF, so no market support needed) and didn’t work, worked later:
His TLT triggered long (ETF, so no market support needed) and worked great:
His GOOG triggered short (with market support) and didn’t work:
We called the GOOG short again and it triggered (with market support) and worked enough for a partial:
His FAS triggered short (ETF, so no market support needed) and didn’t work, worked later:
BIDU triggered short (without market support) and didn’t work, worked later with market support:
Rich’s GDX triggered long (ETF, so no market support needed) and worked:
Rich’s second VXX call triggered long (ETF, so no market support needed) and worked:
His NTAP triggered short (with market support) and didn’t work:
In total, that’s 9 trades triggering with market support, 4 of them worked, 5 did not.