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klac and the market


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#1 gannman

gannman

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Posted 11 January 2009 - 08:41 AM

off of the july 07 top klac is in a wave 3. it looks like it completed wave 4 of 3 it sb starting wave 5 of 3 here which should at least challenge the late nov lows. once that happens i would expect a large rally in the stock and the market . i would expect the stock to rally somewhere near the 200dma but thats far in the future so lets see how it plays out g l
feeling mellow with the yellow metal