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

To: robert b furman who wrote (2950)	5/28/2002 11:52:48 AM
From: robert b furman	Respond to of 7827

To alll on thread: Pretty good stand going on here at the intermediate term trend line at 23.70. This trend line goes back to the september lows and also projects up from the January lows. Resistence or support is exactly right here. Unfortunately it looks like it is destined to fail. Dip targets getting very close 23.12 for 96 cycle and 18.80 for 98 cycle. I've done a little study and in both dip time periods VIX was not a good timing indicator. Better to use were Stochastics in combination with MACD histogram.As fast stochastics dip MACD histogram must beocme less negative on each cycle. During this wringing out of owners Price goes to its 200 day moving average in 99 but did not in 97. In 97 price got down to 21.50 when the 200 day ma was 20.60.In 99 price actually dipped beolw it 200 ma on three days 3/23,24,25. We need more negative stochastics - not much and then some positive divergences to set up. Since we are so far from the 200 ma I'm thinking we've got more to go.The 1o day ma is still declining Bop is negative and the best clue to a strong turn is price going down with BOP positive (underlying institutional purchasing). We just don't have that set up. I'm thinking Nvls cautioning or not being robust will be spun to the negative and give us the final dip we need for a divergence to set up in the next 30 -40 days. I'm not saying short Nvls but for those with guts its a thought.Like I say you must be numb to trade Nvls. Disclosure I got my head handed to me last time I shorted Nvls.gg

To: robert b furman who wrote (2950)	5/28/2002 5:10:03 PM
From: Nutty Buddy	Read Replies (1) \| Respond to of 7827

Hi Bob, >>That flame has an awful lot of yellow - need to add a little more oxygen please.gg<< Maybe I should change my shades of green to shades of blue? Now that would be hot! >>Oh - by the way, when you data signals a bottom - does a gong go off<< Yes, that would be me falling out of my chair which will be tough as my fingers are clinched and welded into the armrest. That explains my bruised and bloodied nose. I was going to highlight the fact that COHU was #249 out of 250 in short term technical strength (as of Friday): home.mindspring.com but I thought last place for the sector would be more dramatic. I don't know about VIX 50 anymore. Too much apathy. The next spike may be up as the depressed think they may be missing the bus to nowhere. Buddy