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Technology Stocks : Cohu, Inc. (COHU)
COHU 21.45+0.3%Nov 18 3:59 PM EST

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To: Berk who wrote (3084)6/27/2002 9:03:39 AM
From: robert b furman  Read Replies (1) of 7826
 
Hi Dick,

Friday was the low,yesterday the retests lowest low.Just a few days down near the low and we jump up to a higher level of sideways action.

This morning we get a nice pop - if that fails will be one of the last "close to low" times to buy - possibly 1-2 more lower sideways days.

But then a modest pop and sideways to earnings announcements.

The sellers are gone - the shorts now get nervous and must cover.They're cool traders but the newbies will panic and that will trap some of the old hands who just didn't run fast enought o the door.ggg

Summer Rally about to kick in !!!!

Bob

We've weathered the worst here.
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