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


To: Gottfried who wrote (3056)6/21/2002 8:39:49 AM
From: robert b furman  Read Replies (1) | Respond to of 7849
 
Note a pick up in volume yesterday.Perhaps that clears the sellers out.

Price is very low but not yet at the long term trend line.

Intc hit it's low range within a 1/4 so we're splitting hairs here.

Note premarket is looking good for tech.

Yesterday was a lower low - so if we get 2-3 sideways days - it may be time to nibble.That'll mean paying a little more - at a sfer entry point.

All in all an excellent entry point.

JMHO

Bob

All premarket pops have been sold into.If this repeats today we'll fall into the retest zones.If that happens at the close - it will make for a very uncomfortable weekend.

If we break this disgusting pattern of failed rally's we might get something going next week.

Longs need a break.gg

Bob