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To: Jacob Snyder who wrote (12748)5/7/2013 11:06:15 AM
From: Jacob Snyder1 Recommendation  Read Replies (1) | Respond to of 13403
 
KLIC ss 2500 @ $11.49, total short 12,500 shares. As the S&P500 hits new highs day after day, and the SOX hits 12-month highs, KLIC goes sideways. I'm thinking $12 is weak resistance, and $13 is strong resistance. I'll short more at each of those levels. Both the 50- and 200-dma are at $11, which may be weak support. I'll consider a partial cover at $11, and maybe the rest at $10.