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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (55613)10/11/2001 11:46:45 AM
From: robert b furman  Read Replies (2) of 94695
 
Hi GZ,

For me that V stood for value.

The day of the Vix spike into 50's I snagged 3000 shares of Cohu @ 13.21 (now up 4 pts) and 2500 shares of Intel @ 19.59(also up 4 pts plus).

Nice to have such a sweet cushion so soon after the buy.

Classic V- bottom also stands for Volume reversal with a Vix spike and put/call ratio setting a new high. All classic signs of the bottom being put in.

Looks to me like the shorts are scrambling to cover - big volume early in the morning.

Conductor!! More champagne for the Bulls !!!

Nice to hear from you.

Hueb was 30 days to soon - I call that a bulls eye.<vbg>

Bob
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