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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

Nov 6 4:00 PM EST

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To: Jacob Snyder who wrote (51280)	3/2/2011 3:54:04 PM
From: Kirk ©	1 Recommendation Read Replies (1) of 95383

Not sure it has the GMs you want, but I've made a ton of cash trading UTEK since buying it for my newsletter in 1998 at $15 and trading it there and with my personal accounts. Sometimes it is best to not buy the best companies since they get knocked down harder then have further to recover. Key for me is buy under $15 and make sure to add under $10 then be on "house money" when it is in the $20s.... since you never know when it will fail to deliver again... something it has done with regularity compared to LRCX. Believe it or not... I drew that resistance line a LONG time ago. Needless to say, I'm now well into house money and will sell more house shares if it busts above that line. Cary used to blast me over it but note how UTEK is up ABOVE its March 2000 high while AMAT is still a ton down from its March 2000 peak...

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