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To: Return to Sender who wrote (12751)5/21/2013 2:32:47 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 13403
 
ot KLIC shorting:

A downside target of $9.41-9.12 might be optimistic, assuming your time frame is days to weeks, not months to years. KLIC has been setting higher lows since the 2008 low. Assuming KLIC is in a LT horizontal channel, and that $13 is resistance (3 failed attempts since 2011 to get above $13), then normal volatility might put the support line aroune $10.

Otherwise, I see everything the same way you do.



To: Return to Sender who wrote (12751)6/11/2013 2:20:45 PM
From: Return to Sender3 Recommendations

Recommended By
Gottfried
richardred
Robert O

  Respond to of 13403
 
KLIC covered 5000 shares@11.68 - Gain of $2000.00 - KLIC is probably going lower if and when the market does but I could have booked this gain or more several times so why not do it now?

RtS