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To: Jacob Snyder who wrote (12174)	7/29/2011 1:50:57 PM
From: Jacob Snyder	Read Replies (2) of 13403

KLIC bc 5000 @ $9.21, loss $700; entered orders to buy 5000 share increments every $0.50 down from here, at $8.70, $8.20, and $7.70. Also placed order to cover my SPWRA short at $15. I'll be away from internet access for a while, and I want to take advantage of any temporary dip. I must consider my current KLIC short to be a failure. I started shorting too early, at too low a price, scaled up too eagerly, and ran out of willingness to short more, long before the top. There was an opportunity to make a lot of money, and I missed it.

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