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 22.42-2.6%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nutty Buddy who wrote (3106)6/30/2002 9:35:18 AM
From: robert b furman  Read Replies (1) of 7825
 
Hi Buddy,

Thanks again for the update.

Looks like this dip - is more like October of 00.Notice how the 200 ma's both hover above the weekly macd and the 50 ema trend.Note that they've not dipped down to join a total confluence of all lines.

Interesting that Macd and the 50 have already reversed.

When watching your "Flame" - I always thought when light green goes away at the trough - the bottom was in -heck its disappeared yet more stocks are above the 200 and/or have an uptrending 200 ema.

I had been waiting for the 50 to dip below the weekly Macd for the turn (like in past dips in March and Sept 01).I don't think this is going to happen - may have a last minute drop down to touch the rising Macd but in general both are started on a reversal.

This is important.

The overall market is oversold - very low % of stocks with a weekly Uptrend Macd and 50 Day EMA in an uptrend but a reversal must be noted from extreme levels.

Couple that with a relatively higher number of stocks maintaining an upward 200 EMA and or over the 200 SMA and you've got the stocks where money is flowing into.

I'm a definite believer in those stocks that resist a general market decline or great candidates for the next market leg up.

Do you have a way of filtering out the stocks that are above their 200SMA AND have an uptrending EMA.

I'm thinking they are where the money is/has been going.

Your work is like seeing the footprints of money flow -an excellent tool indeed.

Thanks

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