LRCX - $300 ALL IN

0. Notes to follow;

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1. We got creamed on this one so far. Small position, and part of a much larger portfolio, and longer term, so we stand strong here and added to our position today;

2. Way below the channel here, in correction and Bear Market territory now.

3. This is a complete MEAN REVISION and wipes out June / July and August in this equity.

4. We believe VERY strongly that we shall see a bounce here.

5. We have actually BOUGHT options about 3 months out here, and we hope to recover the loss on the equity portion with a rebound... or not;

6. But after a 30 percent slide, time to buy.

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7. If we don't hold $300, $280 looks like the sweet spot on this one, and $100 retracement. Wow. Wow. Wow.

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8. Is this TSLA? Hmmm. Interesting.

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UPDATE 10 PERCENT UPSIDE, AND WE ARE MAJORLY IN THE MONEY ON OPTIONS, AND HAVE GAINED BACK EVERYTHING WE SUNK INTO THIS STOCK ON THE WAY DOWN. SITTING ON MAJOR PROFIT, AND LOOKING TO UNLOAD 1/2 AT $350.

FUN TIMES!