Friday, October 31, 2003

NFLX short. OVTI long. PHTN flat. SINA to our short target so now flat. SOHU to our short target so also flat.
ICOS long. JCOM short. JBLU short through the profit target with the swing low of 56.81 x 1.03 = 58.51 adjust up to 58.63 for a trade #2 long. JOSB short. MSTR flat. NTES reversed to short.
NFLX flat. OVTI long with a swing high of 57.83 x 0.97 = 56.09 adjusts down to a break of 56 for a short reversal. PHTN long through the profit target. Swing high of 38.93 x 0.97 = 37.76 so 37.75 is second trade short. SINA currently short swing low of 39.03 x 1.03 = 40.20 rounded up to 40.25 for a long reversal. SOHU short swing low of 34.80 x 1.03 = 35.84 rounds up to 35.88 for a long reversal.
ICOS flat. JCOM started long swing high of 29.80 x 0.97 = 28.90 so adjust down to 28.87 nearest lower 1/8th and that's where we reversed to short. JBLU currently short swing low so far of 58.24 x 1.03 = 59.98 rounds up to 60. JOSB currently just short. MSTR flat. NTES long swing high of 46.62 x 0.97 = 45.22 adjusted down to 45.12 for a short reversal.