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.
In the report, CBOE triggered long (with market support) and worked:
In the Messenger, Rich’s JPM triggered long (with market support) and didn’t work:
RIMM triggered long (without support due to opening five minutes) and didn’t work:
BIDU triggered long (with market support) and didn’t work:
EBAY triggered long (with market support) and didn’t work:
Rich’s SODA triggered long (with market support) and worked for a point:
COST triggered long (with market support) and worked:
Rich’s AAPL triggered short (without market support) and didn’t work:
Lots of additional calls, but none of them triggered.
In total, that’s 6 trades triggering with market support, 3 of them worked, 3 did not. Not exciting.
