Sector Investing

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SMH buy to cover 1000 shares@34.59 - I got what I expected from LRCX. They reported excellent earnings and less than hoped for guidance. But the SMH is still consolidating for another move. Most likely that move may be higher as the market is still looking for a soft landing and there is lots of short interest already present. Once we get that move higher that burns the short positions well that's where I may short again.

RtS