Tuesday, November 04, 2003

OVTI remains long. PHTN flat. SLAB went short off the full target by a couple cents so ideally you took at least a partial the swing low was 53.02 x 1.03 = 54.61 so 54.62 becomes the long on trade #2. SINA long with a swing high of 42.20 x 0.97 = 40.93 adjusted down to 40.87 for a short reversal which did trigger. SOHU long swing high of 36.19 x 0.97 = 35.10 so the break of 35 was the short reversal which did trigger.
JCOM flat. JBLU long new swing high of 56.21 x 0.97 = 54.52 so adjust down to a break of 54.50 for a short reversal. JOSB short. MSTR short. NTES long rallied through the profit target. Swing high of 47.23 x 0.97 = 45.81 so adjust to 45.75 which is where we went short on a trade #2. NFLX long through its profit target. Swing high of 60.55 x 0.97 = 58.73 which adjusts down to 58.62 for a potential trade short #2.
OVTI long with a swing high of 59 x 0.97 = 57.23 round down to 57.12 for a short reversal. PHTN flat. SLAB short with a swing low of 54.27 x 1.03 = 55.89 so round up to the break of 56 for a long reversal. SINA long. SOHU long with a swing high of 35.53 x 0.97 = 34.46 round down to 34.37 for a short reversal.
JCOM flat. JBLU long with a swin ghigh so far of 55.85 x 0.97 = 54.17 and round down to 54.12 the nearest lower 1/8th for a short reversal. JOSB currently short swin glow of 43.46 x 1.03 = 44.76 and round up to 44.88. MSTR started short with a low of 55.16 x 1.03 = 56.81 and round up to 56.88 for a long reversal. NTES long with a swing high of 45.94 x 0.97 = 44.56 so round down to 44.50 for a short reversal. NFLX currently long with a swing high of 59.84 x 0.97 = 58.04 so round down to the break of 58 for a short reversal.