CompuTrac makes technical analysis a SNAP!
by Steve Notis
Which is the best technical analysis software package you can buy? A few years ago the technical
staff at Smith-Barney did a thorough survey for a feature in PC Magazine. The editors' choices were:
CompuTrac, MetaStock and The Technician. But things can change quickly in the competitive computer
software industry: new players arrive and old leaders must continue to vie for the top shot.
CompuTrac won top honors in the survey, but its $1,900 price tag has kept it mainly in the hands of
professionals and seriously committed private traders. MetaStock, by Equis International, came on the
scene and offered better graphics at a much lower price, but CompuTrac's higher order analytics, such as
advanced user studies and profitability testing, are not equaled in MetaStock.
The Technician (also by Equis) is an excellent program which is uniquely specialized for timing the
general stock market. It occupies its own niche and it complements, rather than competes with, other