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, RIMM and GRPN both gapped under their triggers, no plays, but they filled their gaps and then triggered with the market later, which is valid.
In the Messenger, TLT triggered short (ETF) and didn’t work:
Rich’s VXX triggered long (ETF) and worked enough for an easy partial:
Rich’s AAPL triggered short (with market support) and worked:
GOOG triggered short (with market support) and worked:
Rich’s MDVN triggered short (with market support) and worked:
In total, that’s 5 trades triggering with market support, 4 of them worked, 1 did not.
