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, LIFE triggered long (without market support due to opening five minutes) and worked:
In the Messenger, Rich’s SOHU triggered long (with market support) and worked:
His JPM triggered long (with market support) and worked:
His SINA triggered long (with market support) and worked:
AMZN triggered short (without market support) and didn’t work:
Rich’s BBY triggered short (with market support) and worked:
NTAP triggered short (with market support) late in the day and worked enough for a partial:
Rich’s ALXN triggered short (without market support) and didn’t work:
His FFIV triggered long (with market support) and worked enough for a partial:
In total, that’s 6 trades triggering with market support, all 6 of them worked.