Tuesday, September 23, 2003

RIMM rallied through our profit target so now looking for a second trade short off a swing high. SLAB continues long. SINA flat. SOHU flat. TRMS flat.
APPX continues long. BSTE went short and through the profit target. Now looking for a potential long entry off the swing low so far that is 37.11 x 1.03 = 38.22 round up to 38.25. HITK long from 27.38. IDXC flat. JCOM did reverse to short with a swing low of 43.03 x 1.03 = 44.32 round up to 44.38 to reverse for a final trade there.
RIMM flat missed the initial long entry opportunity due to small gap. SLAB long swing high 51.82 x 0.97 = 50.26 or round down to 50.25 short reversal. SINA flat. SOHU flat. TRMS flat.
APPX long. BSTE flat. HITK long. IDXC flat. JCOM did go long swing high 44.99 x 0.97 = 43.64 so round down to nearest 1/8th or 43.62 which is where we will reverse to short.