My peripheral trading system generated following trade signal before close today:
"Reverse LONG FB to SHORT FB at market close on 1/14/2013"
Alerts performance so far (since Jan 8th, 2013): -0.92%. See my previous posts for alert history.
They needed this news to hold up the stock because earnings would not do it alone. Now that this news was a dud and already selling, no chance earnings will hold this stock up but will be selling another wave after earnings.
Could you read my message again? It said "Reverse LONG FB to SHORT FB at market close on 1/14/2013". It means exit long FB position and get into short FB position at market close yesterday. Let me know if you are still confusing about my alert yesterday.
1pm announcement today... very difficult call using any system today... money flows are positive into FB... while the technicals call for a pullback... but you have to stick with the system
The signal was generated before the trade time indicated in the alert statement. The signals can show up (rarely) before regular market open, (rarely) during regular trading hours, or (mostly) before regular market close.