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KLAC just took out the 12/97 lows, on high volume, decisively, this is a quality company that owns its niche, with a pristine balance sheet, a very poor sign for the short-term outlook: As I posted earlier, if this happens I expected the rest of the group to follow (taking out their 12/97 lows). KLIC is sitting right at its lows, so is INTC. Too busy to post much, very glad I'm on the sidelines, very glad I had the patience and discipline not the load up at 32, these prices and anything below are a steal, going to start buying when the market tells me there is a floor underneath us I have no idea where (somewhere below 28), gosh my grammar is like jtechkid's, gotta go. |