Tuesday, September 09, 2003

NTES long swing high of 59.44 x 0.97 = 57.65 so round down to 57.62 as current short reversal. PLMD long. SINA still long but watching the short reversal area. SOHU now long. VRTX flat.
CDWC flat. FWHT long from 27.13 high of 27.30 x 0.97 = 26.48 so round down to 26.37 for the potential reversal back to short - and that would be a third and final trade should it trigger. HITK high of 33.29 x 0.97 = 32.29 so 32.25 became our short reversal with 31.38 the profit target. That has been reached so two trades on HITK to target so now done for the day there. JCOM flat. MSTR short with a profit target of 47.70 x 0.97 = 46.38.
NTES remains long with a swing high of 58.95 x 0.97 = 57.18 so round down to 57.12 for the short reversal. PLMD long on pullback - not initially due to gap. SINA long. SOHU long. VRTX flat.
CDWC flat. FWHT short reversal 26.26 x 1.03 = 27.05 so round up to 27.12 which is where we are now. HITK throught he profit target on the long. Will now look for a second trade potential short -- currently setting new highs on the day so will wait to calculate potential short level. JCOM flat. MSTR short.
NTES long. PLMD long. SINA long with a swing high of 35.18 x 0.97 = 34.12 as the short reversal. SOHU long with swing high of 36.50 x 0.97 = 35.40 and rounded down to 35.37 for the short reversal. VRTX flat.
CDWC flat. FWHT short on the pull-up into our limit order. HITK long. JCOM flat. MSTR short.