Worden Brothers - TC2007

We have subscribed to the Telechart products for several years. I was introduced to their software during a class I took on Technical Analysis. Technical Analysis is based on the belief that all of the information needed to assess a stock as an investment is figured into the price of the stock. By assessing the patterns of stock movement, you can assess the “market’s” opinion of the stock (investors' psychology). The theory is that what matters most in a stock investment is not what the company has done in the past, or even what the company will do in the future, but what the buyers and sellers of that stock think will happen to price. Technical analysis is based on indicators which suggest strategies of buying or selling a stock, generally relying on short term movements in price.
Personally, I think that it is a mistake to ignore the Fundamentals of a company when choosing an investment. When all is said and done, it is a companies fundamentals that keep income flowing and cause its price to go up. I have invested in some companies with stellar fundamentals, though, which have ended up being really poor investments. Like so many things, the truth is probably someplace between the two extremes in opinion. TC2007 allows me to search the market for stocks that meet my investment desires using both fundamental and technical analysis. It also lets me record my observations, plot my own indicators, and add lines and notes directly to the charts. There's a reason why it has been voted number one in its class by Stock and Commodities Magazine every year since 1993. I would find it worth the investment just for the daily notes and commentary by Don and Peter Worden. (You can try it for yourself risk free by clicking the link below).