Sorry for the late response, as I mentioned earlier this week, I am not with "full attention" on the market. Yes above $23 XLNX is probably a good short with a stop at $25.5 or so. I think however that there are less riskier shorts out there. Since right now, I still think this is a dangerous market here and being short (or heavy in cash) is better than long. You may want to try some less dangerous stocks like INTC here at $17 with a stop at $18.50, MMM at $126/8 with a stop at $132, KO at $40.75 to $41.5 with a stop at $42.75 and PG at $84 to $85.5 with a stop at 89.5.
Zeev
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