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


To: Nutty Buddy who wrote (3106)6/30/2002 9:35:18 AM
From: robert b furman  Read Replies (1) | Respond to of 7825
 
Hi Buddy,

Thanks again for the update.

Looks like this dip - is more like October of 00.Notice how the 200 ma's both hover above the weekly macd and the 50 ema trend.Note that they've not dipped down to join a total confluence of all lines.

Interesting that Macd and the 50 have already reversed.

When watching your "Flame" - I always thought when light green goes away at the trough - the bottom was in -heck its disappeared yet more stocks are above the 200 and/or have an uptrending 200 ema.

I had been waiting for the 50 to dip below the weekly Macd for the turn (like in past dips in March and Sept 01).I don't think this is going to happen - may have a last minute drop down to touch the rising Macd but in general both are started on a reversal.

This is important.

The overall market is oversold - very low % of stocks with a weekly Uptrend Macd and 50 Day EMA in an uptrend but a reversal must be noted from extreme levels.

Couple that with a relatively higher number of stocks maintaining an upward 200 EMA and or over the 200 SMA and you've got the stocks where money is flowing into.

I'm a definite believer in those stocks that resist a general market decline or great candidates for the next market leg up.

Do you have a way of filtering out the stocks that are above their 200SMA AND have an uptrending EMA.

I'm thinking they are where the money is/has been going.

Your work is like seeing the footprints of money flow -an excellent tool indeed.

Thanks

Bob



To: Nutty Buddy who wrote (3106)6/30/2002 10:15:05 AM
From: robert b furman  Respond to of 7825
 
Hi Buddy,

With your 50 day moving technical history showing the lowest number of up days EVER - including 9/11 combined with the 5 and 25 day avg volume equalling 9/11 - somebody's accumulating stock.

The amrket in general is selling off at one of the greatest discounts ever seen.Very puzzling that it occurrs as we begin to show the world we're leading the way out of a global recession.

For the news to paint all companies with the same brush as Wcom,Enron and Xerox(which was no big deal) - it sets me up to believe inb a conspiracy theory.gg

Unbelieveable. Bob

Somebody is buying - I guess foreigners are bailing out.

BWDIK



To: Nutty Buddy who wrote (3106)6/30/2002 10:28:29 AM
From: robert b furman  Respond to of 7825
 
Hi Buddy,

GO ORACLE.

Next week:

Thursday closed and Friday a partial day - poor liquidity.

Monday thru thursday - light volume, window dressing done,and no one will want to take a position for fear of "event risk".

All week poor liquidity - any of the last prewarnings will be disasters "Du Juor" but a few early positive earnings will make the week get by.

Last call for bargain town - snag some low balls and get ready for the Rally to hit after we get a terrorist free fourth and the new week starts.

No more disasters on accoutning fraud.The last ones gave Xerox less past earnibg and more current earnings while Disney gained.We've scrubbed to the ridiculous. JMHO

Bob