Replies to post #358257 on Zeev's Turnips Patch-No Politics (ZEEV)

[nomoweed]

I asked about KLAC 40 or 50 when it basically flatlined at 45 for months.Right now it's in no way land...overbought so NO WAY would I buy it,but broke out and 60 comes into play so NO WAY would I short it.The SMH is getting seriously overbought though.

[Zeev Hed]

Yup, it was a wrong guess, SMH may strengthen enough for CCMP to take out the congestion at $34, particularly with NVLS and KLAC making recovery highs here.