Monday, November 03, 2003

OVTI long through the profit target so potential trade #2 short off the high of 60.19 x 0.97 = 58.38 so 58.37. PHTN flat. SLAB long. SINA went long swing high of 40.98 x 0.97 = 39.75 for a short reversal. SOHU short.
JCOM through the long target. Swin ghigh of 32.24 x 0.97 = 31.27 adjust down to 31.25 for a trade #2 short. JBLU short to our profit target. Now will look to set-up a trade #2 long. JOSB flat. MSTR long. NTES short. NFLX long.
OVTI long swing high of 58.71 x 0.97 = 56.94 rounds down to 56.87 for a short reversal. PHTN long through the target so will set-up a trade #2 short off the swing high - so far that is 40.17 x 0.97 = 38.96 rounds down to 38.87. SLAB went long with a swing high of 55.62 x 0.97 = 53.95 rounds down to 53.87 for a short reversal. SINA flat. SOHU went short swing low of 34.38 x 1.03 = 35.41 rounds up to 35.50 for a long reversal.
JCOM long close to the target at 31.62. Reached 31.60 so far -- so a couple cents shy -- we'll give it another swing if it doesn't make it we'll take the bulk of the gain. JBLU currently short swing low 56.40 x 1.03 = 58.09 and round up to the nearest higher 1/8th or 58.13 for a long reversal. JOSB flat. MSTR long with a swing high of 56.65 x 0.97 = 54.95 and round down to nearest 1/8th or 54.87 for a short reversal. NTES short with a swing low of 45 x 1.03 = 46.35 so 46.38 is the long reversal. NFLX currently long swing high of 59 x 0.97 = 57.23 so round down to 57.12 for a short reversal.