Wednesday, November 05, 2003

PHTN long. PCLN swing high of 22.65 on our long x 0.97 = 21.97 so adjust down to 21.87 for a short reversal on trade #3. SLAB long. SINA short. SOHU short to our profit target so now looking for a potential long trade #2 off the low of 33.45 x 1.03 = 34.45 adjusts up to 34.50
JCOM short. JBLU long. NTES short has reached our target at 43.63 on trade #2 so now setting up a trade #3 off the low plus our calculated entry. NFLX short with a swing low of 57.95 x 1.03 = 59.68 adjuts up to 59.75 for a long reversal. NTLI reversed to long at 58.63. OVTI long.
PHTN started long swing high of 40.09 x 0.97 = 38.88 so 38.87 is short reversal. PCLN started short swing low of 21.70 x 1.03 = 22.35 adjusted up to 22.38 for a long reversal. SLAB went long swing high of 54.73 x 0.97 53.08 with a break of 53 for a short reversal. SINA went short and swing low of 39.85 x 1.03 = 41.04 and adjust up to 41.13 for a long reversal. SOHU started short with a swing low of 33.62 x 1.03 = 34.63 for a long reversal.
JCOM short with a swing low of 29.65 x 1.03 = 30.53 round up to nearest 1/8th or 30.63. JBLU went long swing high of 56.28 x 0.97 = 54.59 so round down to 54.50 for a short reversal. NTES went long swing high of 46.37 x 0.97 = 44.97 adjust to down 44.87 where we have reversed to short. NFLX currently short. NTLI went long swing high of 59.22 x 0.97 = 57.44 which adjusts to 57.37 and we are reversed to short from there. OVTI started long swing high of 58.49 x 0.97 = 56.73 and round down to 56.62 for a short reversal.