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, LEAP triggered long (without market support due to opening five minutes) and didn’t work:

PTEN triggered long (without market support) and didn’t work:

MEOH triggered short (with market support) and worked great:

In the Messenger, RIMM triggered short (with market support) and worked great:

AXP triggered short (with market support) and worked:

Rich’s GOOG triggered short (with market support) and worked:

His AAPL triggered short (with market support) and worked for over a point too:

In total, that’s 5 trades triggering with market support, and all 5 of them worked, very clean day.

Share This