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To: Donald Wennerstrom who wrote (12299)	9/30/2011 4:20:25 PM
From: Jacob Snyder	Respond to of 13403

OT: I almost covered my KLIC and MU shorts, at the close. However, KLIC came up to $7.90 and turned down, indicating $8 may (just may) be resistance now. MU took out the August low, reaching a price last seen in July 2009. When I back-test my results, a consistent mistake I make, is both buying and selling too early. And I did it again recently, buying solars too early. So I am forcing myself to wait till I want to pull the trigger......and then wait a while longer. Welcome to our no-limit no-liars poker game. The dealer sometimes let you see your cards; you have to figure out the rules for yourself, and notice when they change.

To: Donald Wennerstrom who wrote (12299)	10/3/2011 12:19:20 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 13403

OT re MU LT long position: Do you have a plan, for what you'll do, if MU keeps going down? Will you buy equal-$ amounts, if MU hits $4? $3? Will you take profits on rallies, perhaps selling half if MU gets up to its 50dma (now at $6.32)? I will consider covering my MU short, if the SOX bounces in the 325-330 area, where it bounced repeatedly in August and September. But I'm also still expecting SPX 1020, which implies a SOX well below 325.