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


To: Berk who wrote (2976)6/4/2002 5:51:26 PM
From: robert b furman  Read Replies (1) | Respond to of 7827
 
HI Dick,

I'm beginning to think that all we might get is one more day of dipping below the 200 day moving average.Today was day 33 - so there is a good chance it can extend 3 days more.

The one time that the 200 day moving average was violated it was scripted just about like it has done now:
1)The big dip down day to marginally below the average
2)the next day the (lowest day) - again just a little marginally lower
3) the third day opened marginally lower and then moved nicely up and never looked back.

We'll study up this P.M. and be on the thread.

Any gut feel??

I like to steal a deal as much as any body - but we are all the way down to the 200 ma - 66.8 % of the recent high 20.50/30.65.

Is that a good value story? - I'm thinking so?!?

Bob

Bob