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, IACI (top pick) triggered long (with market support) and worked, although the market rolled over right after that:
MDAS triggered short (without market support due to opening five minutes) and worked:
In the Messenger, BIDU triggered long (without market support) and worked enough for a partial:
AMZN triggered long (without market support) and didn’t work:
AIG triggered short (with market support) and worked a little:
Rich’s VMW triggered long (without market support) and worked enough for an easy partial:
Rich’s RIMM triggered short (with market support) and worked enough for a partial:
Rich’s TZOO triggered short (with market support) and worked great:
GOOG triggered short (with market support) and worked for a couple of points:
In total, that’s 5 trades triggering with market support, all 5 of them worked.
