Hey all, I'm currently up negligibly on my AMAT short. Along with SMH, I've been short on this name for the longest period of time out of any of the positions in my portfolio- I filled short when this thing hit 108 for the first time on the rally it is seeing. That being said, this is about as incredible a short setup as I've ever seen. I firmly believe this thing will virtually straight line down to $72/share. Even if that isn't the case, the risk:reward on this name is incredible, even here, down a few percent from the highs of this rally. I'm extraordinarily bearish on semiconductors currently; the names across the board look terrible, and as a very cyclically-sensitive sector, I believe they are primed to fall, a lot.