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Technology Stocks : Cohu, Inc. (COHU)
COHU 24.51+5.4%12:34 PM EST

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To: Berk who wrote (3042)6/14/2002 2:12:57 PM
From: robert b furman  Read Replies (2) of 7827
 
Be very careful what you ask for.ggg

Bob

My nightmare scenario is weak into the close with another ugly Monday Bad tuesday open and a volume reversal.

I have a long term trend line that connects:

10/21/98 low of 12.00 (presplit)looks like 6.00 now to 09/21/01 low of to 13.05.

The current trend line would give us support coming in at 15.85.

This would connect the two greatest lows on a longterm basis.They would be the trough values of the last 2 cycles.Lows of Cohu - both of which occurred after a failed Rally of a bookings reversal (increase)

Sort of makes you wonder huh?

What a great place for me to average down at.gulp

Bob

Do you have a ny wolf waves that get to that area for support?

Bob
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