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.
Huge day for our picks with everything working very cleanly since market direction pretty much stuck in one direction most of the session. Should have made a bundle.
From the report, CREE triggered long (with market support) and worked:
SQNM gapped over, no play.
BMRN triggered long (without market support) and worked:
RIMM triggered short (with market support) and worked:
DLLR triggered short (with market support) and worked:
CAVM triggered short (with market support) and worked:
SOHU triggered short (with market support) and worked:
In the Messenger, Rich’s OIH triggered short (ETF, no market support needed) and worked:
His RIG triggered short (with market support) and worked great:
His COST triggered short (with market support) and worked:
SINA triggered short (with market support) and worked:
Rich’s GOOG triggered long (with market support) and worked enough for a partial:
His GS triggered short (with market support) and worked great:
His PCLN triggered short (with market support) and didn’t work:
In total, that’s 12 trades triggering with market support, 11 of them worked, 1 did not.
