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, QLGC gapped over, no play.
ASIA triggered long (without market support due to opening five minutes) and didn’t do much, triggered later and worked:
CHKP triggered long (with market support) and worked:
BRKS triggered long (without market support) and worked:
BRCM triggered short (without market support) and didn’t work initially, worked later when the market rolled:
In the Messenger, Rich’s BRCM triggered short (with market support) and worked:
His SLB triggered short (with market support) and didn’t work:
His GS triggered long (without market support) and worked great:
AMZN triggered short (with market support) and worked great:
GOOG triggered long (with market support) and worked great:
RIMM triggered short (without market support) and did not work:
AAPL in the afternoon triggered short (with market support) and worked great:
In total, that’s 6 trades triggering with market support, 5 of them worked, 1 did not. But note that the best volume day of the week gave us the best results in terms of movement by far.
