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, ENDP triggered long (without market support due to opening five minutes) and worked great:
CTSH triggered long (with market support) and worked:
TIVO triggered long (with market support) and didn’t work:
EGLE triggered long (without market support due to opening five minutes, but this is a Small Cap pick and should just be taken) and worked:
In the Messenger, Rich’s ALXN triggered long (without market support due to opening five minutes) and worked:
His BIDU triggered long (with market support) and worked:
RIMM triggered short (without market support) and didn’t work:
AMZN triggered long (with market support) and worked great:
Rich’s VMW triggered long (with market support) and didn’t work:
TEVA triggered short (without market support) and didn’t work:
Rich’s UA triggered long (with market support) and didn’t work:
Rich’s MA triggered long (with market support) and worked:
Rich’s MDVN triggered long (with market support) and worked:
GOOG triggered long (with market support) and worked:
In total, that’s 9 trades triggering with market support, 6 of them worked (several extremely well, which was a surprise given market volume), 3 did not.
