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Technology Stocks : Cohu, Inc. (COHU)
COHU 28.93+0.9%3:59 PM EST
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To: David Semoreson who wrote (970)10/8/1998 10:41:00 PM
From: robert b furman  Read Replies (2) of 7838
 
David and Henry,

I guess there isn't much question about a double bottom.Unless of course we call this a continuation.The spread between bid and ask was unusually wide today.Almost seemed like the market makers were trying to hold strong.

I guess true confession is good for the soul.I gotta tell you as the russell 2000 broke thru resistance along with the naz I hesitated and asked myself should I buy Cohu at 13.Looked at my very limited purchasing power and decided to keep my powder dry. It was less than 5 minutes later that the ask popped from 13 to 14 a then didn't trade there for what seemed forever.

This show is one of the most intense that exists.How do you think those poor scared people feel who sold msft at 88 and saw it close at 91 plus or sold sisco at 41.13 and saw it close at 46.69.

I know at 8:35 tomorrow perhaps relieved or maybe ripped off.By the way Globex is up 8.50.

All I know is it is confusing whipsaw action that leaves knowing only one thing for sure. I wish I had some fresh cash.

Side note to David in the peak of the fear I went out and grabbed an up just so I could get some balance.:-)

Thanks to the both of you for your questions and support.

Remember The winner is the one who buys the most at the lowest price!

P.S. Today you had to have BIG KAHONEES To be buying and I failed the test.

But I'm OK and in this game for the long term.

Nice to have your input THANKS

Bob

Oh Ya HOLD WITH CONFIDENCE !!!

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