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To: Jacob Snyder who wrote (12506)	6/11/2012 6:22:49 PM
From: Return to Sender	Respond to of 13403

OT: So did you end up covering 5000 shares of KLIC at 9 today? I sure can't find any fault with your plan for covering. Depending on what else is going on in the market though shorting on a weak rebound may not be the best idea. You never know what the market will do for sure but I think it's possible that... The market may never makes a decent recovery attempt this summer. Instead the troubles in Europe and honestly everywhere could create a huge sell off in the market leading to an October bottom that leaves us with stock prices very similar to what we saw in October of 2009. At that point I would think going long would be the right choice. Sure the FED has almost no way to stimulate the economy. Countries are going to literally be going bankrupt and the good old USA is not all that solvent itself but greed will find a bid in stocks at some point. Stocks can go up indefinitely but they can only go down to zero. KLIC is not going to zero. It could see less than 2 again I suppose but the company is in better shape now than in 2009. There will be plenty of money to be made being long from the next bottom. Almost no risk in buying at that time. Very different from shorting. RtS