Tuesday, October 28, 2003

NFLX long. SFNT still short. SINA short through the profit target the long set-up off the low of 43.13 x 1.03 = 44.42 and that adjusts up to 44.50. SOHU short through the profit target and the long set-up off the swing low of 36.12 x 1.03 = 37.20 and that adjusts up to 37.25. USNA did reverse to long and through the profit target on the long.
BOBJ did go short swing low of 31.69 x 1.03 = 32.64 and that rounds up to 32.75 for a long reversal. ICOS to our profit target on the long. Swing high of 47 x 0.97 = 45.59 so 45.50 is the short set-up for a second trade. JCOM short through the profit target. Second trade set-up a long off the low of 29.20 x 1.03 = 30.07 and that adjusts up to 30.13. JOSB long.
NFLX flat. SFNT swing low of 30.75 x 1.03 = 31.67 and adjust up to 31.75 for a long reversal. SINA short with a swing low of 44.10 x 1.03 = 45.42 adjust up to 45.50 for a long reversal. SOHU short. USNA short with a swing low of 60.54 x 1.03 = 62.35 and adjust up to 62.38 for a long reversal.
BOBJ flat. ICOS currently long swing high so far of 46.25 x 0.97 = 44.86 so short reversal adjusted down to nearest 1/8th or 44.75. JCOM short swing low so far of 30.77 x 1.03 = 31.69 and adjust up to 31.75. JBLU currently long swin ghigh of 57.60 x 0.97 = 55.87 short reversal. JSOB flat.