If you have kids, especially kids older than 8, you know this situation: You have no rights whatsoever when it comes to what gets played on the car's radio, tape deck and CD player. I mean, I've listened to the kids' stuff so much that I can name every
and every member of
But, in a rare act of diplomacy -- mainly because it's my car! -- I was granted rights to three of the six available slots on the car's CD player. I wasted no time in loading up a mix of early and late
, to which my kids opined. "You know, these Beatles, Dad? They're OK. You know, like maybe they could've even sold a few records." Of course, they still don't "get" songs like "Strawberry Fields" (uh, neither do I), but they are definitely grooving on "Help!"
Speaking of which . . . that's what I bring you today. So, if your stock gently weeps, then I wanna hold your hand. So, send me your ticket to ride at
firstname.lastname@example.org. Trust me, we can work it out.
Gary: Could you take a look at Global Crossing (GBLX) ? I see it forming a pennant, but don't know how to interpret that 50-day ema break. Does the 50-day ema matter? So Santoso
Debating What to Dump?
Gary: I have two charts I would like your opinion on. I own both stocks and am wondering if I should just hold on or dump them. The market and its volatility make life interesting, to say the least. I sure wish I had been smart enough to take a short position last week. Ah, hindsight is so clear! The charts I would like your opinion on are Quintus (QNTS) and Talk.com (TALK) . I have noticed a lot of accumulation in both over the last couple of weeks. What is your take? Jo Anne Foulk
All Over Oracle
Gary: I have been trading part- to full-time since Nov. 1, 1999. Since Jan. 1, though, it has been much tougher so I have been reading and researching as much as possible. The charts do make sense to me and I would appreciate any feedback you could give on these few stocks I am long, especially given last week's action. Global Crossing, Oracle (ORCL) - Get Report, VerticalNet (VERT) and Conexant Systems (CNXT) - Get Report. Laura Healey
Laura, I discuss VerticalNet on the
Fox News Channel
this weekend. (I am bullish on it, and also long the stock.) Global Crossing is above. How about Oracle, though?
Is EntreMed a Bullish Wedge?
Gary: Could you take a look at EntreMed (ENMD) ? It went nuclear a little over a week ago, and has backed off its high considerably. Can its chart be described as a bullish wedge, or has it backed too far off its high? Jim Otto
Bye vs. Buy
Gary: Herb Greenberg gave Family Golf Centers (FGCI) a buy not long ago. Was wondering, what's your take on it? Meesam Naqvi
Herb said buy? Hmmm,
he said "bye" as I recall. In any event, let's see what's up.
Low Over Lowe's
Gary: How about an opinion on Lowe's Companies (LOW) - Get Report. I bought at 57 and don't think it will ever get close again. It has a strong buy-buy, but I'm thinking about biting the bullet and moving on. What does the chart say? Bill Goodwin
Warming Up to Washington Mutual
Tellabs Tells All
Gary: I love the fundamentals of the company, Tellabs (TLAB) , but something tells me the chart of the stock might be of more value! Duane Guengerich
Can Corel Catch Up?
Gary: What do you think of Corel (CORL) ? I bought at 22.7. Is there a possibility that the stock will rise? Marcus Steinfeld
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 was long VerticalNet, 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