SHREVEPORT, La., Nov. 4, 2004 (PRIMEZONE) -- Stock-Letter-Daily.Com (http://www.stock-letter-daily.com - an affiliate site of StockPickReport, the web's only non-mainstream stock rating service), rates Delta Air Lines Inc, Motorola Inc, Ramp Corporation, Tyco International Ltd /BER/.
STOCKPICKREPORT RATINGS:
Delta Air Lines Inc (NYSE:DAL) -- STRONG SELL
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=DAL
Motorola Inc (NYSE:MOT) -- SELL
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=MOT
Ramp Corporation (AMEX:RCO) -- BUY
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=
Tyco International Ltd /BER/ (NYSE:TYC) -- WEAK BUY
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=TYC
STOCK COMMENTARY:
Thursday, November 4, 2004
StockPickReport Commentary
Exit Polls
Did you see the "long faces" Bush supporters sported yesterday around 5PM CST? The "exit polls" painted a clear picture: Kerry would win, and maybe by as much as a 7% margin in the popular vote.
That "news" (the imminent Kerry victory) was, uh, incorrect. The "margin of error" of those "exit polls" is 2% to 5%. Pollsters Tuesday evening used every digit of that "margin of error".
But, folks, that's nothing "new". Remember in 2000 when the media made an incorrect call in Florida's electoral vote? Turns out the media were wrong then, too.
News is funny. Not "ha ha" funny, to be sure. More ironic than humorous. The only "news" of import is "news" you didn't know about or "news" you heard wrong in the first place. In either case, you profit nothing upon the receipt of your "news".
For this reason, we rely on technical analysis to find stocks. You've heard that we like Stochastics, MACD, and RSI as indicators. Our passion for technical analysis is sustained with every incorrect "news" story we see - financial or otherwise.
Stochastics, MACD, and RSI give us a look into the price movements of a stock. That's what is important. Ever hear the adage, "By low, sell high?" (I ask this with a smile on my face...)
We use technical analysis to "buy low," and hopefully, "sell high". When it comes to "news", we steer clear.
For More Commentary Go Here: http://www.stock-letter-daily.com/index.htm
WHAT THESE RATINGS MEAN:
StockPickReport.Com ranks stocks with technical analysis. These ratings do not indicate a "long term" view. These ratings reflect an opinion for the short term. These ratings may change based on market conditions.
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If the links to our ratings above do not work, please use these:
Delta Air Lines Inc (NYSE:DAL) - STRONG SELL http://www.stockpickreport.com/rating.php?sym=DAL Motorola Inc (NYSE:MOT) - SELL http://www.stockpickreport.com/rating.php?sym=MOT Ramp Corporation (AMEX:RCO) - BUY http://www.stockpickreport.com/rating.php?sym= Tyco International Ltd /BER/ (NYSE:TYC) - WEAK BUY http://www.stockpickreport.com/rating.php?sym=TYC