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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: KM who wrote (37016)	1/8/2000 10:37:00 AM
From: Rarebird	Read Replies (3) of 99985

KLIC has really lagged the other semi-equipment companies big time. The momentum on Friday was justified based on the great fundamental story that is quite apparent in the company. If you go to the KLIC thread you will see that I have been pounding the table on this stock since Tuesday and posted the initiation of my long position at that time. I see $55-$60 at least. If you look at previous semi-equipment up cycles, you will find that KLIC truely broke out on Friday. This company has a history of catching up to the other semi-equipment companies as the cycle matures.

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