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

To: Berk who wrote (2970)	6/4/2002 8:04:12 AM
From: robert b furman	Read Replies (1) \| Respond to of 7827

Good mornig Dick, You are exactly right - a selloff goes to those who bid - cause those who want out - don't want to wait. hehehe with blood in the streets we place our lowballs,fly up on that barren treebranch and wait for an opportunistic killing.Ahhh - that image of a vulture in the tree comes to mind.hehehe Patience my arse - I'm gonna go kill something" Actually the above doesn't apply - we've been patiient - we've waited ! - note today is day 33.Can you believe how this repeat pattern has so far followed the past.Big question is do we extend to 36 days or is today the pop day? I think yesterdays set up fast price decline should make today the low day at the open.If we get a v reversal in TSV - today will be the low - if we get horizontal TSV tomorrow might be the low. In the big scheme of things - we're close. Of course one must note that there is no sure thing this is the bottom - it could be very different this time. That is what is working for us so well right now. I think it is safe to say nibbling at higher prices is ok but biting off a chunk at lowballs is where the bottom will go in-and it will be fast. By the time the volume slows - it's chase time - I hate that more than anything. Thanks for the good advice. Bob Edit: Futures are setting up nicely for a purge open:http://www.cme.com/httpwrapper.cfm?wrap=/wrappedpages/delayed_intraday_quotes/10min_globex_flash_quote/gflash.html