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

To: robert b furman who wrote (2778)	4/3/2002 11:02:22 AM
From: Gottfried	Read Replies (1) \| Respond to of 7832

Hi Bob, maybe COHU is setting up for an island reversal... Island Reversal An island reversal occurs when the price of a security gaps up (or down), trades above (or below) the gap for a while, and then gaps down (or up) past the first gap. The price action forms group of prices that are separated from the rest of the price pattern by two gaps. As its name implies, this is a reversal pattern. The first gap indicates that prices may continue in the direction of the gap. However, lack of follow through after the gap shows hesitation. The second gap, which is in the opposite direction of the first, offers a strong indication of trend reversal. The reversal is intact until the second gap is closed. Keep in mind the other aspects of technical analysis should be employed as well. stockcharts.com ...but SEMI orders having bottomed speaks against it. YOU - hype? No way! I bought some to try my new broker. :) A penny a share commission up to 500sh. Prompt response to e-mail. Fair to poor web site design. interactivebrokers.com Gottfried