Friday, September 26, 2003

SLAB flat. SINA short through the profit target so now looking for a long off the swing lows. SOHU short through the profit target. Swing low 32.09 x 1.03 = 33.05 round up to 33.13 which peaked at 33.46 x 0.97 = 32.45 round down to 32.37 which is where we're short from now on the third and final trade for this stock today. TRMS went long off the swing low of 23.61 x 1.03 = 24.31 rounded up to 24.38 and that was through our profit target. Now looking for a short off current swing high of 25.75 x 0.97 = 24.97 rounded down to nearest 1/8th or 24.87. USNA was short swing low of 49.55 x 1.03 = 51.03 rounded up to 51.13 which is where we reversed to long.
APPX through the short target. Long off the swing low of 29.59 x 1.03 = 30.48 round up to 30.50 and that was triggered and through target so two trades to full target so we stop there today with APPX. BSTE went long but stalled at 29 x 0.97 = 28.13 which is where we did reverse to short and that trade reached our target. The swing low was 27.35 x 1.03 = 28.17 which rounds up to 28.25 for a long on our third and final trade today for this stock. HEPH flat. JCOM did go long but that stopped at 41 x 0.97 = 39.77 round down to 39.75 which reversed the long and that was through our profit target. Third trade a long off swing low of 37.54 x 1.03 = 38.66 round up to 38.75. RIMM did go short reached 37.05 x 1.03 = 38.16 so 38.25 is our current long reversal.
APPX short with a swing low of 32.28 x 1.03 = 33.24 round up to 33.25 for a long reversal. BSTE large gap lower so couldn't catch the short swing low of 27.85 x 1.03 = 28.68 rounded up to 28.75 for a potential long. HEPH flat. JCOM flat. RIMM large gap up so missed long looking for a short with a swing high of 39.07 x 0.97 = 37.89 rounded down to 37.87
SLAB flat. SINA flat. SOHU flat. TRMS gapped lower so through our original short target so we'll look for a long to start off the swing low of 23.84 x 1.03 = 24.55 rounded up to 24.63. USNA currently short.