Monday, October 20, 2003

RMBS long swing high of 25.84 x 0.97 = 25.06 and we'll adjust that down to 25.00 for a short reversal. SINA long swing high 41.34 x 0.97 = 40.09 adjust down to a break of 40 for a potential short reversal. SOHU currently long. WEBX currently flat.
AFCI short with a target of 25.88 and swing low of 26.20 x 1.03 = 26.99 and round up to 27 for a long reversal. HEPH short with a swing low of 16.71 x 1.03 = 17.21 adjust up to 17.25 for a long reversal. JCOM short with a swing low of 43.08 x 1.03 = 44.37 adjust up to 44.38 for a long reversal. JOSB went long swing high of 43.46 x 0.97 = 42.15 adjust down to 42.12 for a short reversal and that hit the profit target. Low of 40.65 x 1.03 = 41.87 adjust up to 41.88 for a long currently. NFLX long through the profit target. Looking for a second trade short off the highs calculated. OVTI went low swing high of 47.79 reversed to short at 46.37 and to the profit target -- swing low of 44.95 x 1.03 = 46.29 and adjust up to 46.38 and currently long.