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Technology Stocks : Cohu, Inc. (COHU)
COHU 28.23-3.2%Jan 16 3:59 PM EST

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To: EACarl who wrote (4976)6/30/2010 8:23:52 PM
From: Cary Salsberg  Read Replies (1) of 7830
 
There is fact and there is fiction.

The fact is that the stocks are down from their peaks and, since they are in a very volatile sector, they may lose considerably more.

The fiction is that the price movements are related to some "cycle." The "cycle" in question was the "Great Recession!" It caused a "V" shaped market, with only a few stocks recovering all their losses. Now, there is fear that the "Great Recession" hasn't really ended and there will be a double dip. Certainly, it left behind problems, which seem to attract the market's attention, daily. Again, none of this has anything to do with "cycles" in the industry. It affects the market's take on future prospects and current prices.
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