10/08/2014 – Twitter

Issued: 10/09/2014

Twitter TWTR:

1. Twitter closed out the week of Aug. 18 at $45.98 which was the stronger position and prompted our suggested long entry at that price. The forecast was for a continued multiweek advance to at/near $56/$57.

2. Since then, Twitter has advanced substantially and today made a session high of $55.93 against the original $56/$57 upside target. While higher prices remain possible, the majority of any remaining long position should be exited at this time (current price, $55.35). Today’s long position exit exit effectively completes the trade from $45.98 to $55.35.

3. Any remaining long position in twitter can be held for the possibility of higher prices. Will update.

David Williams

Issued: 10/04/2014

Twitter, TWTR:

1. During the week of Aug. 18 Twitter closed the week at $45.98 which was the stronger position and prompted our suggested long entry at that price. The forecast was for a continued multiweek advance to at/near $56/$57.

2. Since then Twitter has advanced substantially and on Friday, Oct. 3 made a recent swing high of $54.73. Higher prices remain expected. Will update as the market continues to confirm

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.