Thursday, August 28, 2003

LEXR currently long swing high 16.40 x 0.97 = 15.90 so 15.87 current short reversal. MRVL long and current high 43.06 x 0.97 = 41.76 so 41.75 becomes short reversal. MSTR long with a new high of 38.99 x 0.97 = 37.82 so 37.75 becomes current short reversal. SLAB targeting 44.87 as our long target - so far to the 2% target. SINA currently long. SOHU no trade. VSEA closing in on a potential trade.
AFCI went short from 22.45 reversed to long at 23.13 and finally back to short at 22.50 which is where we are now. With that type of chop volatility we'll stick to our third trade and done plan -- so trade the third short to completion but no reversing.
NTES currently short. SLAB currently long on pullback to entry. SINA no trade yet. SOHU no trade yet. VSEA no trade yet.
AFCI currently short. EASI flat at the moment. LEXR went long on the pullback to our entry price -- opened after the first 10 minutes at 16.27 then was higher but not enough for a profit target so could take the pullback into 16.10. MRVL added on the pullback to limit long. MSTR added on pullback with a high of 38.86 x 0.97 = 37.69 and round down to the nearest 1/8th or 37.62 as current short reversal.