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.
From the report, SIMO triggered long (without market support due to opening five minutes) and didn’t do much:
DRIV and STEC gapped over their triggers, no plays.
In the Messenger, Rich’s FSLR triggered long (without market support) and worked for a quick point:
His IBM triggered long (with market support) and worked:
His BIDU triggered long (with market support) and worked for a point:
His WYNN triggered long (with market support) and worked:
FSLR triggered short (with market support) and worked:
AAPL triggered short (with market support) and worked for over a point:
Rich’s CF triggered long (with market support) and worked for over a point:
Rich’s RIMM triggered long (with market support) and didn’t work:
AMZN triggered long (with market support) and worked for a point before the market rolled:
GS triggered short (with market support) and worked great:
Rich’s VMW triggered short (with market support) and worked great:
Rich’s POT triggered short (with market support) and worked great:
In total, that’s 11 trades triggering with market support, 10 of them worked, only 1 did not.
