Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

punkle, too late now, but really, if you short, you got to cover the moment the issue prints a new recovery high, or at least no more than another buck or two, right now KLC could still spike above $41, and if it takes that, it could run straight to $50. KLAC is the second strongest stock in the sector after CCMP, IMTO) and shorting the strongest stock is never a good tactic. VECO is a much better short, for instance shorting VECO when I donned ny teddy bear suit on 10/24 (around $12.5) would have caused you no heart ache , it spiked to just under $14 and is still around the $12.5 range. If a major downdraft occurs, you can expect to cover at $9 or so, but KLAC may not go much under $30 in a major down draft.

Zeev