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

To: Nutty Buddy who wrote (3156)	7/23/2002 2:07:41 PM
From: robert b furman	Read Replies (2) \| Respond to of 7825

Hi Buddy, VIX over 50 is a time to buy - historically. There is no doubt this is a washout of historic proportions. Buying now is also catching a knife. I think buying now to catch a pop on a short term basis is an ok speculative plan. Past spikes down have had a 2-3 day bounce and then a longer test for 4-5 days. Buying during the longer test won't get you the exact low but indicators will diverge and that should give more confidence. I'm stuck with poor computing so I'm being less confident about playing a scalp (In Wisconsin - with my Mom). This is one of those free falls that looks like it has no end - those are usually very good. I still think Intc @16.50 ish should mark a low Csco in the 12's. Investors throwing out the baby - Get me out at any cost - we're surely close in time but it anybody'e guess. The change is quick - sure need my TC2000. I'd guess your wave has douttomed and flatlining here. Cohu has had people standing in front of that truck at the 16.25 chute - still showing strength. Amat getting killed - Nvls I'm expecting 25-26 1/2. I'm holding a little bit here - may well be frozen in the headlights.But underinformed. I you don't mind please keep a vix update every bit. Thanks Bob