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.
A unique day where some of the bigger winners were triggers without market support but with great patterns.
From the report, BIDU triggered long (without market support, but we still told everyone in the Lab to take smaller size) and worked huge, great pattern:
From the Messenger/Tradesight_st Twitter Feed, Rich’s YHOO triggered long (without market support) and worked:
NFLX triggered long (without market support) and didn’t work:
Rich’s BIIB triggered short (with market support) and didn’t work:
AMZN triggered long (without market support) and worked:
Rich’s DUST triggered short (with market support) and worked enough for a partial:
EBAY triggered long (with market support) and worked:
In total, that’s 3 trades triggering with market support, 2 of them worked, 1 did not. The big stuff was without market support.