Wednesday, September 17, 2003

RIMM currently long with a swing high of 33.59 x 0.97 = 32.58 so round down to nearest 1/8th or 32.50 for the short reversal. SLAB through the long target. Now looking for a short swing high of 52.99 x 0.97 = 51.40 so round down to 51.37. SINA short. SOHU long with a swing high of 40.50 x 0.97 = 39.28 so 39.25 is short reversal. TRMS short through the full target. Will now look for potential long set-ups off swing lows.
APPX long. HITK now long swing high 26.85 x 0.97 = 26.04 so the break of 26 is the current short reversal. JCOM short reversal at 42.75. LEXR reversed to short. NTES short reversal set at 60.75
RIMM flat. SLAB long with a swing high of 51.72 x 0.97 = 50.16 so round down to 50.12 for the short reversal. SINA short from with a swing low of 39.25 x 1.03 = 40.43 rounded up to 40.50 break of for long reversal. SOHU long. TRMS flat.
APPX currently long - swing high 39.60 (after first 10 minutes which we ignore) x 0.97 = 38.41 so 38.37 is the short reversal. HITK flat. JCOM flat. LEXR long with a swing high of 20.75 x 0.97 = 20.12 that is the short reversal. NTES currently long.