Friday, October 24, 2003

JOSB short through the profit target so now flat -- potential long off the low of 42 x 1.03 = 43.26 rounded up to 43.38. NFLX reversed to short. SFNT flat. SINA went short with a swing low of 40.38 x 1.03 = 41.59 adjusted up to 41.63 for a long reversal. USNA flat.
CECO short. CELG short. CKFR long. JCOM currently short. JBLU flat.
JOSB currently short. NFLX long with a swing high of 53.45 x 0.97 = 51.84 and that rounds down to 51.75 for a short reversal. SFNT flat. SINA long and through the profit target -- will look for a short opportunity off the swing highs. USNA flat.
CECO went short swing low of 50.63 x 1.03 = 52.14 adjust up to nearest higher 1/8th or 52.25 for a long reversal. CELG flat. CKFR went long swing high of 25.76 x 0.97 = 24.98 and round down to 24.87 for a short reversal. JCOM short with a swing low of 31.14 x 1.03 = 32.07 and round up to 32.13 for a long reversal. JBLU went short and through the profit target so now looking for a second trade long off the swing lows.