SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cohu, Inc. (COHU)
COHU 23.37-4.0%10:37 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hamsandwich who wrote (2146)9/22/2000 10:58:39 AM
From: robert b furman  Read Replies (2) of 7822
 
Hi Ham,
Man my finger is so itchy - it almost hurts.You are right on the triple bottom concept.Last October 5,6,7,8(that time period) we had some final bottoming action.

This is just my gut,but with Cohu dabbling in the 15's today I think we'll see 14's.Any good double/triple retest has to go below the past low for the desired effect.A little sell at the market with 5000 shares would put the wolves into selloff.I think if someone threw 5000 on the fire he could probably buy back 10,000 shares at a lower price.It is just my opinion but I think this is done buy people who want to accumulate large long term positions.It creates overkill to the cheap side.
One part of me says oh heck buy it now it's a deal - The other part of me says wait for blood on the streets. I think we are there now with the ridiculous being 12's.

Great longterm wealth building opportunities at hand NOW.Scale purchases by 10% of purchase power and buy more as it gets cheaper.3-5 years from now you'll be rich. JMHO

I'm watching for a vix spike into the 60's and then a market turnaround day with a followthru.But on the vix spike with cash and leverage with margin (if that's your game) on the follow thru.Pyramid up withprofit cushion.

See how easy it is!!! HEHEHE

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News