Monday, October 06, 2003

NFLX long through the profit target. Hit a high of 42.63 x 0.97 = 41.35 so 41.25 became the short. OVTI flat. SLAB long. SINA flat. SOHU flat.
AVID flat. HEPH flat. JCOM long. MGAM long. NTES flat.
NFLX reversed to long swing high of 41.02 x 0.97 = 39.78 so 39.75 becomes short reversal. OVTI flat. SLAB long. SINA long through profit target so now would be calculating potential trade #2 as a short off the highs. SOHU just reached the long target at 35 so now looking likewise for a potential short opportunity.
AVID flat. HEPH long to target at 19.37. Swing high 19.50 x 0.97 = 18.91 round down to nearest 1/8th or 18.87 for a current trade #2 short. JCOM long. MGAM reversed to long. NTES through profit target on the long so would be looking for trade #2 short off the highs.
NFLX initially short swing low of 39.35 x 1.03 = 40.53 rounded up to 40.63 to reverse to long. OVTI flat. SLAB long with a swing high of 49.33 x 0.97 = 47.85 rounded down to 47.75 for a short reversal. SINA long swing high 39.33 x 0.97 = 38.15 rounded down to 38.12. SOHU long swing high 34.41 x 0.97 = 33.37 as short reversal.
AVID flat. HEPH just went long. JCOM long with a swing high of 44.40 x 0.97 = 43.06 so round down to nearest 1/8th or the break of 43 to reverse. MGAM currently short swing low of 36.75 x 1.03 = 37.85 so round up to 37.88 to reverse to long. NTES long with a swing high of 64.35 x 0.97 = 62.41 rounded down to 62.37 for a short reversal.