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To: Jacob Snyder who wrote (12225)9/8/2011 3:31:46 PM
From: Jacob Snyder  Respond to of 13403
 
KLIC cs 1900@$8.75, partial fill, profit $1539; I should have lowered my limit price a few pennies, as I could have gotten completely out above $8.70. Always easy to be wise in hindsight. SOX failed right at 360, we are still in the 325-360 channel. Every time we fail there, I get slightly more bearish. Hopefully, I'll get a complete fill tomorrow. I went long too much, on KLIC and solars, on this dip.

Also sold the rest of my INTC today, at $20, a small profit. INTC continues to set a series of lower highs. The whole sector is flashing warning signs, which will take all the stocks down. The main motivation for exiting INTC, was increasing odds of a recession.



To: Jacob Snyder who wrote (12225)9/9/2011 11:22:16 AM
From: Jacob Snyder1 Recommendation  Read Replies (1) | Respond to of 13403
 
KLIC cs 8100@8.40, profit $3750; this closes my position. Obviously, I would have done better, to get out yesterday, right when SOX hit 360. I'll start shorting just below $9.