AI
Wednesday, August 07, 2002 1:00:09 PM
UPDATE KLAC (KRAP)..(chart)lows of the session and looking for more weakness. Now check the progression of all the intraday charts we posted on KLAC today. The embedded chart is 15 minute KLAC chart. MACD and stochastics are weakening and KLAC (as well as QLGC QCOM MXIM) were all accidents waiting to happen.
Truly were it not for the INTERRUPTION of the CSCO report, we would probably have held some more put positions. I actually had no short in MXIM coming into today and only about 15 puts left out of a much larger position.
Truly were it not for the INTERRUPTION of the CSCO report, we would probably have held some more put positions. I actually had no short in MXIM coming into today and only about 15 puts left out of a much larger position.
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