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.
Couple of big winners today despite a lighter-volume, flatter day in the market.
From the report, JIVE triggered short (without market support due to opening 5 minutes) and worked:
From the Messenger/Tradesight_st Twitter Feed, Rich’s IBM triggered long (with market support) and worked:
His GOOG triggered long (with market support) and didn’t work:
COST triggered long (with market support) and worked:
Rich’s CMG triggered long (with market support) and worked:
In total, that’s 4 trades triggering with market support, 3 of them worked, 1 did not.
