Now, I like the
. In fact, I'm kind of a fan. But, shoot, I was hoping for a nice seven-game series, with a few nail-biting moments along the way.
Instead, el sweepo. Disgusting.
And on the subject of disgusting, that's what I think of this market. Yeah, some great up days. And some great down days. But what I'm really seeing is just annoying choppiness. Pathetic.
OK, enough whining for now.
Questions, comments, gripes? Fire away because I have answers to all and can carp with the best of 'em.
Technicalforum@thestreet.com is our address, and you'll get much better service if you remember to include your full name.
In Search of the Perfect Tracking Software
First up is astute reader Mike Wilkins, who just was not going to be satisfied until he found some portfolio software he liked. He has listed a site below, but don't forget to check out
portfolio offering. It's pretty good stuff.
A couple of weeks ago, I asked for your advice on portfolio performance software. You said you typically use Lotus and that the only other oft-mentioned piece is Quicken. I finally found one that appears to be both thorough and very simple to use -- for example, all you have to do is enter month-end brokerage account or mutual fund values followed by the number, timing and amount of any deposits or withdrawals. In addition to trailing month, quarter or year-to-date returns analysis, it spits out risk measures and market-index comparisons (both graphically and numerically). This product seems to offer the average Joe or Jane the ability to produce his or her own "here's how I've done" mutual fund prospectus lookalike. It's also cheap -- $30 if you order before Nov. 1 and $50 otherwise. The site is http://www.bostoninvestment.com/2index.html.
Factoring in the Business
Technical analysis is something new for me, but I'm trying to learn as much as I can. Please take a look at Digital Origin (DODV) , and give me your opinion. One question: How do you factor in the underlying business of a company you're looking at when analyzing a chart? What I mean is Digital Origin (formerly Radius) used to be a hardware company. It has transformed itself into a software company. How relevant is the chart from years past if the company has completely changed its business (or do you even care)? -- Pete Wenzel
Pete, I honestly don't care what business the company is in. Or was in. Or will be in! Hopefully, all that information is imbedded in the chart somewhere. And if not? Well, I don't worry about it anyway!
I was wondering about your thoughts on America Online (AOL) . It looks like it's finding it tough to cross the 125 barrier. It has bounced off it twice. Do you think AOL is headed lower before going higher? -- Praveen Pathak
It's That Old Resistance Again
Household Not a Bad Roof
I have my 401k in Household International (HI) - Get Hillenbrand, Inc. Report. I've seen the stock make it to 50 a couple of times, but it always comes back to 40. Should I hold or sell? -- Avinash Chopra
Bets Are off on Youbet
What do you know about Youbet.com (UBET) ? After the Los Angeles County District Attorney's office launched an inquiry to determine if it is a legal business, the online wagering company's stock went to 3 1/2 from 6 1/2. Where is it going from here? -- Greg Epstein
All Cleaned Out and Ready to Go
I've heard a lot about QLT Phototherapeutics (QLTI) lately. They have a review for Visudyne on Nov. 17. It has been trading sideways for some time now, with lots of volatility. What do you think about this one? -- Britt Tisdale
Not a Pretty Beast
I'd like your opinion on NorthWestern (NOR) . It's expected to take its telecom arm (Expanets) public. That being the case, we'd have a boring utility with an exciting telecom arm -- beauty and the beast. -- Alexis Willacey
If possible, can I get your view of MicroStrategy (MSTR) - Get MicroStrategy Incorporated Class A Report? It looks like it's come out of a long period of congestion to trend to the upside, but this is ridiculous. Its chart gives me a nosebleed. (I'm looking for an entry point; otherwise its chart would give me a thrill.) -- Al Lazar
Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. At time of publication, he held no positions in any securities mentioned in this column, although holdings can change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Smith writes five technical analysis columns for TheStreet.com each week, including Technician's Take, Charted Territory and TSC Technical Forum. While he cannot provide investment advice or recommendations, he
welcomes your feedback.