Cohu, Inc. (COHU) Message Board

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Technology Stocks : Cohu, Inc. (COHU)

COHU 23.88

-4.2%

Dec 12 3:59 PM EST

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To: Berk who wrote (2941)	5/23/2002 7:49:12 PM
From: robert b furman	Read Replies (1) of 7827

Hi Dick, Well Balance of Power went up very strong as it dipped below 24.00 today. Heck 23.12 is awful close to 23.85.I kind of thought people would call me crazy when I said Cohu would "dip " to 23 when it was trading at 28-30.ggg This may be greedy but a slow winding down of price on light volume will soon build a threshhold washou9t that gives us that vix spike and volume. It'll run like crazy then.The final gift would be a quick spike down and sideways movement with a second dip that just violates the low by a point or two. Say today's 23.85 gets sideways on light volume for 4 more days and we follow with a dip to 21.50 with two down days and a turnaround day that has a lower low and high volume and closes at the high of the day. That's how September 98 worked.The leaders didn't get a second dip but Cohu dipped to 12 on the turnaround day and closed at 12 3/4 (the high range of the day - it never looked back). Patience and MAYBE we'll get a gift - if not let her run I'm long and strong. Bob

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