Thursday, September 11, 2003

RIMM flat. SLAB long with a swing high of 48.27 x 0.97 = 46.82 so round down to nearest 1/8th or 46.75 for the potential short reversal. SINA flat. SOHU flat. TRMS on the second trade, long from 34.63 this hit the target at 35.62 so we are now flat - with two trades to full target we're done with TRMS today.
HITK finished for today. JCOM running higher - new swing hig of 41.85 x 0.97 = 40.59 so break of 40.50 would be a potential short. MSTR now long. NANO did go short off the swing high of 13.55 x 0.97 = 13.14 so 13.12 - that did reach the 2% target then ended up reverseing at 13.25 for the third and final trade -- that trade also reached the 2% target but came shy again of the full 3% target so exited at 13.12. Three trades so done there. NTES holding long.
RIMM flat. SLAB currently long. SINA flat. SOHU flat. TRMS did go short from 34.65 target 33.63 which was just reached.
HITK short on a fast drop through the target. Low in move 27.98 x 1.03 = 28.82 so 28.87 was long reversal. That reached the full target as well so we're done with HITK with two trades to target. JCOM long and to the target on the long. Swin ghigh of 37.95 x 0.97 = 36.81 so 36.75 is the current short set-up. MSTR flat. NANO flat after the long - new swing high so be sure to recalc. your potential short. NTES did reverse to long at 57.88 which is where we are now.
RIMM flat. SLAB flat. SINA flat. SOHU flat. TRMS flat.
HITK flat. JCOM flat. MSTR flat. NANO long from 11.55 hit target at 11.87. Current swing high of 12.29 x 0.97 = 11.92 so round down to 11.87 as current potential short level for second trade. NTES short.