Boy, you can learn a lot from these columns. My great chart-reading? Nah, anyone can do that. No, the real thing to look for is the kind of questions I get. Remember, the questions in the forum are just a sampling of the hundreds I receive. But they're a fair sampling.
So, what can you learn? Well, for starters, there's only one Internet question today. I mean, that's remarkable, isn't it? So, I guess if you use this column as a contrary indicator, that says load up on
, etc., right? Well maybe, but if you haven't, read my Friday
As always, queries and comments go to
firstname.lastname@example.org. And I'd love your full name, as we have no secrets here.
Your thoughts on JDS Uniphase (JDSU) , please. It's been in a terrific uptrend. Any signs of it letting up? It's pulled back in the last few days. -- Jim G.
Still Looking for a Bottom
Your advice lately has been nothing less than dazzling. I was wondering if you could say a few words about Excite@Home (ATHM) ? I got out at 52 about four weeks ago and I'm looking for a bottom. What do you think? -- Rob Greenberg
Don't normally tune in here for box scores, but I apparently overlooked Pittsburgh swimming results. Any chance of readers getting an update? -- Bob Carper
Just for you, see this link:
I haven't been able to catch "TheStreet.com" television show in Florida, but I'm sure it's quite entertaining. It seems to me that Chiron (CHIR) is ready to start a major move. What's your take on this biotech stock that is just starting to come out of a nice base? -- Todd J. Maushund
I'm a new reader and can't get enough of your column. What is your take on Starbucks (SBUX) ? Is it worth considering a cup of coffee at this time? -- Adam Moos
Would you have taken W.R. Grace (GRA) as a GBS classic long at the open Aug. 13? Also on GBS classics, if the "depth" of congestion (an indicator you have mentioned regarding the potential ascent) is less or more than your 5% profit target, which exit strategy do you go with? By the way, if you would have considered Grace, what price would you have looked to get out at? Sorry, one last one: Would you draw support for Grace at 19 1/2 or 19? -- Justin Torrance
How about Berkshire Hathaway (BRKA) ? -- Julian Burnett
Toying With a Bottom
Is Mattel (MAT) poised to go higher or is it in a trading range? What is the outlook? -- Regina Robinson
To the Moon, Alice
I bought 4 Kids Entertainment (KIDE) on Aug. 10 for 37 1/2. It closed on Aug. 13 at 50 1/4. Where do you think it will go? How long will it rise? -- Loretta Fallon
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 at