The Fab Four -- and Some Charts!

Gary grooves with his kids and charts Global Crossing, Quintus, Talk.com, Oracle and others.
Author:
Publish date:

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

Backstreet Boy

and every member of

'N Sync

!

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

Beatles

, 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!"

The Chartman:

TSC

message boards.

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

technicalforum@thestreet.com. Trust me, we can work it out.

Interpreting EMA

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

"TheStreet.com" on

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

Gary: How does the chart on Washington Mutual (WM) - Get Report look? Ben Pope

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

gbsmith@attglobal.net.