MKS Instruments, Inc. Whipsaw

In the original post I gave two legitimate reasons I was short MKSI (semi equipment sector fundamentals and an un-actualized technical topping pattern) and one illegitimate reason (I don’t like the company or the guy running it). Owing to reason number 3, I was dismayed as the market reacted very bullishly out of the gate. I held it short, with the thought ‘eff you, I’m gonna let it settle out’. I am biased slightly more long than short at the moment, after all. No pressure.

mksi 1 minute chart

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