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Technology Stocks : Cohu, Inc. (COHU) -- Ignore unavailable to you. Want to Upgrade?


To: Nutty Buddy who wrote (2577)1/3/2002 3:49:46 PM
From: robert b furman  Read Replies (1) | Respond to of 7827
 
Hi Buddy,

You nailed it.

The NAZ had volume over 1 billion shares before noon.

Cnbc just announced the NAZ was over 2 billion with 8-9 minutes to go!!

We 're watching a pivotal development today. This is the kind of catalyst that can create a rush to the door for the shorts, as they try to cover.

Speaking of covering - there is a record outstanding short position out there to cover.

I'm tickled to see Cohu pop up over 21.00. Trade days like today, confirm that those previous days of high volume with block transactions were institutional buyers taking positions in Cohu.That is huge, as it takes away any float out there.

When the shorts get herded up and all start running for the door and the size of the door gets smaller - the only thing left is the price of the stock must go up to create more supply of stock.

That's what is so beautiful about Cohu - no sellers man - NO SELLERS.

Therefore the price must pop up more to create more supply.

Man it has been a long time since us bulls have seen such a pretty day confirm that the worm has turned.hehehehe

Bob

It looks like that little knee formation on your second chart has proven itself to be a powerful indicator.Keep those charts coming Buddy - they're gonna make us some serious money.HEHEHEHEHEHE - along with Cohu of course.gg

TO DA MOON !!!!