Tuesday, October 21, 2003

OVTI flat. RMBS long. SINA long swing high 42.45 x 0.97 = 41.17 adjust down to nearest 1/8th or 41.12 for a short reversal. SOHU rallied through the long profit target so will look for a calculated short trade #2 off the highs. WEBX went short swing low 20.80 x 1.03 = 21.42 and adjust up to a break of 21.50 for a long reversal.
CELG currently long swing high of 41.27 x 0.97 = 40.03 so adjust down to nearest 1/8th or a break of 40 to reverse to short. HEPH went long swing high of 17.45 x 0.97 = 16.92 and adjust down to 16.87 for a short reversal. JCOM short through the profit target. Swing low of 33.58 x 1.03 = 34.58 and adjust up to 34.63 for a second trade long which is what is open now. JOSB flat. NFLX flat.