SHREVEPORT, La., Nov. 10, 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 Intel, Advanced Micro Devices, Inc., eBay, ADC Telecommunications, Inc.
STOCKPICKREPORT RATINGS:
Intel (Nasdaq:INTC) -- WEAK BUY
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=INTC
Advanced Micro Devices, Inc. (NYSE:AMD) -- STRONG SELL
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=AMD
eBay (Nasdaq:EBAY) -- WEAK BUY
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=EBAY
ADC Telecommunications, Inc. (Nasdaq:ADCT) -- WEAK BUY
http://www.stock-letter-daily.com/rating.asp?format=single&ticker=ADCT
STOCK COMMENTARY:
Wednesday, November 10, 2004 StockPickReport Commentary Stop/Losses
You probably know that StockPickReport's been around a while. We started out as "MaverickTrader.Com", April of 1999. So we, plainly, were picking equities during the market slide from 2000 to 2003.
More than a few of our members reported the difference in our service and other stock-pick sites is we offered stop/losses on each pick. Nowadays, I believe stop/losses are more frequently suggested, but not back in the "old days". I mean, why would you require stop/losses when EVERY equity was going higher?
Well, plainly, stop/losses SHOULD have been provided. And, it humbled us to receive emails from people that said things like, "If I had just employed stop/losses like you advocated, I wouldn't be out of the market today".
Just the other day we picked two stocks, GIFI and CNQR that did not move up the way we wanted. As you know, we picked RYAAY recently -- and RYAAY made a spectacular move higher in a short time. However, GIFI and CNQR give us the chance to discuss stop/losses once more. Since not every equity we profile will always shoot to the moon like RYAAY, we believe it is simply wise that all investors apply stop/losses.
You know, if a trader purchases a stock and the equity moves against the trader, the trade ought to be over. That "ought to" be it. However, woefully, so often it's not. We think we understand why.
You know, investors are ordinarily taught to WIN, not turn a loss. Thus, a great deal of stress is targeted at "win-loss records". We think trades must be viewed for what they should be: business decisions.
Forget "win/loss". Imagine, "make money", or "conserve capital". In the market, it is OK to have more stock trades move against you than not. It is NOT all right to lose more cash than you produce.
We suggest stringent usage of stop/losses to conserve money. Don't try to become a champion and turn each trade into a success. Assume a few stock trades may "work against" you. Learn to wallow in your "lack of winners".
If you have any questions, please feel free to email don@strikefriday.com.
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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Interested investors should visit http://www.stock-letter-daily.com/software.htm for more details.
If the links to our ratings above do not work, please use these:
Intel (Nasdaq:INTC) -- WEAK BUY http://www.stockpickreport.com/rating.php?sym=INTC Advanced Micro Devices, Inc. (NYSE:AMD) -- STRONG SELL http://www.stockpickreport.com/rating.php?sym=AMD eBay (Nasdaq:EBAY) -- WEAK BUY http://www.stockpickreport.com/rating.php?sym=EBAY ADC Telecommunications, Inc. (Nasdaq:ADCT) -- WEAK BUY http://www.stockpickreport.com/rating.php?sym=ADCT