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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (12590)	12/4/2012 2:55:23 PM
From: Jacob Snyder	1 Recommendation Read Replies (2) \| Respond to of 13403

KLIC ss 5000 @ $11.40; I am expecting volatility the rest of December, with the fiscal cliff not being resolved until the last minute. Will consider covering all my KLIC short, below $10. The SOX has been in a downward trend since early 2011, even as SPX goes to new highs, making semis a good trading/shorting vehicle. $12 is strong resistance for KLIC. I'm expecting KLIC to be in a horizontal trading range through 2013, possibly in a $8-14 range, and I will continue to trade it.