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, KERX triggered long (with market support) and worked:
PDLI gapped over, no play.
From the Messenger/Tradesight_st Twitter Feed, NTAP triggered long (with market support) over lunch and didn’t work:
Rich’s GOOG triggered short (with market support) and worked enough for a partial:
His QIHU triggered short (without market support) and worked enough for a partial:
His V triggered long (with market support) and worked enough for a partial:
His VXX triggered long (ETF, so no market support needed) and didn’t do enough either way to count, closed right at the trigger:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.