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, nothing triggered with the gap down.
From the Messenger/Tradesight_st Twitter Feed, SINA triggered short (without market support due to opening 5 minutes) and worked enough for a partial:
Rich’s AAPL triggered long (without market support due to opening 5 minutes) and worked for a couple of points:
His TLT triggered long (ETF, so no market support needed) worked without going $0.50 against for the stop, but took a while to get going:
Rich’s GOOG triggered short (with market support) and didn’t work initially, worked later:
His FFIV triggered short (with market support) and didn’t work initially, worked later:
His VXX triggered long (ETF, so no market support needed) and worked:
His AMGN triggered short (with market support) and worked:
His CIEN triggered short (with market support) and didn’t go enough either direction to count.
In total, that’s 5 trades triggering with market support, 3 of them worked, 2 did not. In addition, the 2 in the opening 5 minutes worked.