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To: Return to Sender who wrote (12242)9/16/2011 10:55:20 AM
From: cluka1 Recommendation  Read Replies (1) | Respond to of 13403
 
RtS,

I am short KLIC too and this is a very easy trade. With 200 DMA, upper Bollinger in 9.40 range, say 9.50 stop loss, there is a very well defined and small downside. On the other hand, your upside is down to 7.70 or so. Very nice risk/reward.



To: Return to Sender who wrote (12242)9/22/2011 9:38:45 AM
From: Return to Sender2 Recommendations  Read Replies (1) | Respond to of 13403
 
KLIC Short Cover at 8.0399 - Gain of $5839.00 - Huge increase in Volatility today. We are back way above the 10 day sma of the Vix.



This was a trade based on expectations of increased volatility. We got that so I am out.

RtS


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