Some Charts for Spring (Almost)

OK, there may be some more bad weather, but Gary's still having fun with Kroger, Nortel and more.
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Has spring sprung? Ah, the air is filled with tales of Tiger and the sorrows of Strawberry. With nary a blink, my girls switch seamlessly from short-course yards to long-course meters. (You swimmers need no translation!)

But, best of all, I finally replaced the 7-iron I lost a year ago and took it for a test drive only yesterday. Nothing better, really, than those first few divots of spring.

Unless it's these beautiful charts I have to show. And, I'm serious. A great-looking chart should give you the same feeling as a tee shot hit squarely on the screws. Or a 2-iron feathered beautifully into the wind, which lands softly and rolls within 3 feet of the cup. It's almost, well, orgasmic!

First off, the

Prom Queen 10 had one notable change.

Microsoft

(MSFT) - Get Report

closed below its 200-day moving average, so it's gone. Based on your vote -- and thank you to all who did vote! -- I simply replaced it with

numero

11,

Yahoo!

(YHOO)

. So, we took a tiny loss with Softee, but are still up over 9% in two short weeks. Not too shabby. And, how are we doing vs. our baseline, the

Nasdaq 100 Trust

(QQQ) - Get Report

? That index now trails us, being up only 5.8% for the same time period.

My first chart today goes out to

Martha Laboisserie

, who wanted to know about

Human Genome Sciences

(HGSI)

. She also asked me to make it very clear on my charts whether I was recommending buy or sell. But, Martha, that would take away my very strength: the ability to waffle on every call!

Next up is

Kroger

(KR) - Get Report

for

Kevin Narramore

. The following is a true story -- you can add this to your GBS background. I worked throughout high school and part of college at our local supermarket. Except for schlepping those darn carts in from the parking lot during a rainstorm, it was a pretty good way to earn a buck.

Broadbase Software

(BBSW)

, for longtime reader

Roberto

, is up next. Note: I was long Broadbase Software as of this writing. So, duh, I kind of liked the chart!

Ex-swim coach

Larry Rush

was kind enough to send in some breaststroke tips for my kids, so what could I do? Larry, here's

Nortel Networks

(NT)

.

Lynn B.

, you get your look at

PopMail.com

(POPM)

because you know where the

Woodrow Wilson Memorial Bridge is.

Finally, my top three requests for the week? In the No. 3 slot, that nutty rocket ship called

Echelon Corporation

(ELON)

.

No. 2, the equally insane

Rambus

(RMBS) - Get Report

!

And at No. 1,

F5 Networks

(FFIV) - Get Report

! Why? Like

Wind River Systems

(WIND)

last week (and as usual), I am totally clueless.

Finally, in the "I stand corrected" category, let me conclude with a brief note from the very polite

Chris Hill

, of

The Motley Fool

. Chris was responding to this comment I made to the reader who inquired about the power that

TheStreet.com

and/or TMF have to "move" stocks. I wrote that "if a stock is thin enough, maybe

TSC

or The Motley Fool have a very subtle one-day effect."

Gary: One-day effect, I think you're probably right. Subtle? Hmmmm . . . not sure about that. David Gardner announced he was buying Celera Genomics (CRA) on the night of Dec. 16. The next day shares of Celera were traded at more than seven times the normal volume. Just FYI. Chris Hill
Dir. of Media Relations
The Motley Fool

OK, TMF 1, GBS 0. Damn!

Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. At time this column was written, Smith was long Nortel and Broadbase Software, 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

gbsmith@attglobal.net.