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Technology Stocks : Full Disclosure Trading
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To: Jacob Snyder who wrote (12129)4/4/2011 2:18:33 PM
From: Jacob Snyder1 Recommendation  Read Replies (1) of 13403
 
KLIC sold 5000 @ 8.99; profit $1910; no current position.

I sold because KLIC and SOX came up to their 50dma, stalled, and then went down. Also, the semis are underperforming the market, going down when the market goes sideways.

I'll probably start shorting KLIC in the $9.5-$10 area.

Overall portfolio is now 70% cash, the highest cash position I've had since mid-2008.
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