FIGURE 14.6 The quantity and purchase price of any holdings in a portfolio are in .NET

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FIGURE 14.6 The quantity and purchase price of any holdings in a portfolio are
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FIGURE 14.7 At the top of the MarketMatrix display is a count of all Long,
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Short, and Options positions in the currently-displayed portfolio.
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When you do, a parenthetical sum will follow each watch list and portfolio name (Figure 14.8, with arrows added for emphasis) so you can con rm that your portfolio s contents in a given watch list are in synch with the actual holdings you have entered into MarketMatrix. In this instance, there are 34 items in the Current Trust watch list and 34 items in the Trust portfolio, so they appear to be in synch. Keep in mind that the information in My Watch Lists and the information in My Portfolios are intended to provide different kinds of information. The watch list shows simply the company name (or symbol, if you have elected that style of display) contained within each list. The portfolio shows the raw symbol followed by the quantity owned as well as the entry price (Figure 14.9). Watch lists are typically created and managed within ProphetCharts, whereas portfolios are typically created and managed either in MarketMatrix or on the Portfolio page of the Investor Toolbox.
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FIGURE 14.8 ProphetCharts can display the sum total of items following the
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FIGURE 14.9 The watch lists show just the company names of the watch list contents, whereas the portfolio lists display the basic information about the positions being held.
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Before getting into the speci c differences between these two charting products, you should understand in broad terms the fundamental differences between them. This will be especially helpful for those accustomed to the JavaCharts system who are moving to the ProphetCharts system. At the highest level, ProphetCharts differences can be summed up with three words: Flexibility Almost nothing is rigid in ProphetCharts. Panes can be stretched to be taller or shorter. The left module can be made any width you want. The chart expansion can be any shape and size you like. The panes on the chart can be in any order you want. Forgiveness Making a mistake in ProphetCharts isn t a problem. If you delete all the drawn objects and didn t mean to do so, you can Undo your mistake. If you put a trendline in the wrong place, you can reposition the anchor points precisely. Simply put, you are not as stuck with your actions as you might be in JavaCharts. Customizability Virtually every element can be customized. Different colors, opacities, patterns, and thicknesses can be applied to technical studies, drawn objects, and other charting elements. You can hide and display a wider selection of objects, and there are far more preferences to use. It should be stressed that this is not to say JavaCharts is a bad product. It has been considered for years the best of its kind. But ProphetCharts is the next generation of charting applet, and it uses a newer version of the Java programming language, so by its very nature it is a newer, more featurerich product. The left panels of the two products are roughly similar in function, but they are organized quite differently. The left panel in JavaCharts (Figure 14.10) basically puts all of the information into a single place. The only distinction is between the tree, located in the upper half, and the toggles, located in the lower half. Figure 14.11 shows in more detail that the information in the left panel s tree is very heterogeneous. There are watch lists, technical studies, indices, chart toppers, styles, and custom studies. It is very much a mixed bag of information. That does not make it any more dif cult to use, but the left panel is an all or nothing information panel for JavaCharts users. ProphetCharts, on the other hand, breaks the information up into ten separate modules, any one of which can be
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