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

To: Gottfried who wrote (3160)	7/23/2002 8:43:17 PM
From: hamsandwich	Read Replies (2) \| Respond to of 7825

COHU chart looking ugly, like many others. stockcharts.com[h,a]waclyyay[pb50!b200][vc60][iLp14,3,3!Lg]&pref=G 50dMA crossed over the 200 on the weekly, and looks to be building an ugly head & shoulders. I wouldn't put much stock in the H&S, as I tend to see them everywhere. What does it measure to, something like 6? That couldn't happen, right? >>I keep telling myself "you have stocks of quality companies and they'll come back. You wouldn't sell your house and move just because the price drops?" It helps a little.>> This sounds like trouble. I don't mean to be flip, but perhaps you should be asking this question: If your neighborhood went completely to $hit and your property value plummeted and looked like it might go to zero, would you look for a more reasonably valued piece of property in another neighborhood/town/state/country/etc or reconsider your decision to buy property. That being said, I'm starting to look for some property. AMAT's PE is "down" to 194; I'll be looking in a different neighborhood. regards, ham

To: Gottfried who wrote (3160)	7/24/2002 7:41:55 AM
From: robert b furman	Read Replies (1) \| Respond to of 7825

Hi G, I can't believe you said that - that's exactly what I think also. I've never considered moving out of my house - just because market value swings. Still in the emotions of the market - people always sell into a mass pivot point. I've got a margin and that bothers me.I've held back cash reserves - guess I'll have to use them and get what I call bullet proof.gulp Looking at Cohu on a weekly chart: siliconinvestor.com Looks like stoch are just about ready to call it a bottom - course that doesn't mean price will- good support @ 16.40 yesterday. Most comforting that ADX looks to have shot it's wad as well. Now to get +DI over -DI Maybe earnings will do the trick. Bob