Monday, August 04, 2003

SNIC - shorted from 12.45 and the swing low of 12.31 x 1.03 = 12.68 so the break of 12.75 became our long reversal.
SINA - long also from the morning swing low calculation.
NTES - now long off that swing low from this morning.
CHINA - did just break 11.75 so currently long. Can watch though for a potential trade 3 - short.
ADRX - with the swing low of 19.33 x 1.03 = 19.91 we round up to the nearest 1/8th for longs so looking for a break of $20.00 now for a long.
CHINA - to our profit target at 11.38 so now looking for a potential long off that current swing low.
SOHU swing low of 33.35 x 1.03 = 34.35 so currently long from 34.38
SINA - low of 30.72 x 1.03 = 31.64 so round up to 31.75 for the potential long.
NTES swing low 45.21 x 1.03 = 45.57 and round up to 45.63 which becomes our long entry area which has triggered.
CHINA - closing in on our short target -- waiting to see a clearer swing low and then can also set-up the potential next trade long.
SINA - to our short profit target so now looking for a swing low to set and then figure our potential second trade long.
CHINA - short at this time - the swing low of 11.51 x 1.03 = 11.85 which puts the current potential long reveral at 11.88 by rounding up to the nearest 1/8th (when going short to long)
ADRX - gapped lower and through a short target -- we were not able to catch so looking now for a long trade as our first trade off the swing low.