This column was originally published on RealMoney on Dec. 7 at 8:43 a.m. EST. It's being republished as a bonus for TheStreet.com readers.
There's been a great debate going on recently where folks are arguing the merits of owning
vs. those of owning
I can't agree or disagree with any of the fundamental arguments, because I don't believe they matter. Or at least they don't matter in my analysis.
As usual, I'm looking at what the stock charts of these two technology behemoths are saying.
Once again, they tell all and provide a very clear direction to trade.
I'll check back in a few weeks to see how it worked out.
Also today, the
And that is the final word from Winter Garden, Fla., where the most dramatic sporting event of the year still has to be the PGA Tour Qualifying School. I can't even imagine the pressure of a 6-day tournament where your performance determines your livelihood for the next 12 months. Worst of all, you can't even blame it on subjectivity. Instead your "worth" is all there in cold, hard numbers.
Please note that due to factors including low market capitalization and/or insufficient public float, we consider Stratex Networks to be a small-cap stock. You should be aware that such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information, and that postings such as this one can have an effect on their stock prices.
Buy Microsoft, Short Google
Charts produced by TC2000, which is a registered trademark of
Worden Brothers Inc.
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Gary B. Smith is a freelance writer who trades for his own account from his Maryland home using technical analysis. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks.
Smith writes a daily technical analysis column for RealMoney.com and also produces a daily premium product for TheStreet.com called The Chartman's Top Stocks --
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