StockPickReport: Research in Motion Sell Rating


SHREVEPORT, La., Nov. 11, 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 Research In Motion Ltd, EMC Corporation, Flextronics International Ltd, Wyeth.

STOCKPICKREPORT RATINGS:

Research In Motion Ltd (Nasdaq:RIMM) - SELL

http://www.stock-letter-daily.com/rating.asp?format=single&ticker=RIMM

EMC Corporation (NYSE:EMC) - SELL

http://www.stock-letter-daily.com/rating.asp?format=single&ticker=EMC

Flextronics International Ltd (Nasdaq:FLEX) - WEAK BUY

http://www.stock-letter-daily.com/rating.asp?format=single&ticker=FLEX

Wyeth (NYSE:WYE) - SELL

http://www.stock-letter-daily.com/rating.asp?format=single&ticker=WYE

STOCK COMMENTARY:



 Thursday, November 11, 2004  
 StockPickReport Commentary  

 Stop/Losses Continued...

QUESTION #1: So what are stop/losses, and how do I apply them?

ANSWER: A stop/loss is really two things: A concept and a number. The concept is that when you buy a stock it may do three things: 1) Move up, 2) Trade flat, or 3) Move down. If a stock goes up or "trades flat", decisions are easy. Yet, when a stock moves down, the decisions are more difficult. A "stop/loss" takes the concept of "what will I do if the stock I bought drops" and turns it into a hard number. It's the admittance (ahead of time) that not all trades work out the way we want, and if this trade goes against us we will sell on the way down to STOP further LOSSES.

QUESTION #2: I use Schwab's StreetSmart software. They give a number of options to set stop losses including "bid" and "trade price". I generally use the "bid" option so the stop gets triggered when the bid drops to a certain level. Is that in line with the method you suggest?

ANSWER: We use an algorithm that looks at a stock's intraday low prices over a given period to find a stop/loss. We like intraday low prices because stocks can trade lower intraday than they will close, so to use closing prices could cause traders to be unduly "shaken out" of a stock.

QUESTION #3: Do I get access to the stop loss price recommendations with my subscription? I'm new to your site and did not know where it was found.

ANSWER: Stop/Loss prices are standard with your Daytrade, Penny Stock, Swing Trade, or Cliff Hangers service.

QUESTION #4: Can you tell me how to set up the price of stop? Can I use 5 or 7% of the purchase? or any other ways?

ANSWER: We do not use a set percent to find stop losses. Stocks are different from each other. Markets are different from each other. Traders ability to accept risk differs from trader to trader. There is not really a set percent we would recommend.

QUESTION #5: I've been using stochastics, RSI, and MACD for some years, using Trade Station. Obviously, the longer the period, the safer the pick. For trading, I use 60 minutes, and fine tune to 15 if I can. What is the timing for your picks? Daily?

ANSWER: For the Swing Trade, Penny Stock, and Cliffhanger service, we look at a few days to a few weeks. For the Daytrade service we look at a day to a few days.

QUESTION #6: You talk about "tight" stops which I follow but I am confused with Stop orders and Stop Limit orders. Could you please explain the difference.

ANSWER: We use the word "tight" to suggest that, on a percent basis, our stop/loss is close to the recent close price for a stock. If a stock is at $10.00 and we suggest a stop/loss of $9.95, that's a percent of 1/2 of one percent. That's TIGHT. If the stop/loss we suggest is $9.00 (10%), that's NOT TIGHT.

We hope these answers help you understand stop/losses. If you have any other questions, please email us at 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.

ABOUT STOCKPICKREPORT.COM:

StockPickReport.Com is a stock research firm. Their daily commentary is regular and distributed worldwide. They are Registered Investment Advisors. They do not accept third-party compensation to make stock suggestions.

THEIR DISCLAIMER:

"Our analysis is issued solely for informational purposes. We do not offer to sell or buy any stock. This report does not regard your specific investment objectives, financial situation or particular needs. Our information is based on sources we believe are reliable but are not guaranteed by us as being accurate. We do not purport to offer a complete statement or summary of the available data. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited."

"Strike Friday, Inc., or its owners, or employees, may own short or long positions in stock, or options on stock."

"SPR does NOT receive compensation for stock suggestions to our members (other than regular member fees). We do not get paid cash, stock, property (etc) to "profile" a stock to our members. Our opinions are based on RESEARCH ALONE."

"SPR does NOT guarantee any stock will go up OR down. Information published by SPR or emailed to members is opinion, and opinion only. We believe our information is good, accurate, and helpful. Traders should (in our opinion) make "buy" or "sell" decisions based on variables including (but certainly not limited to!), experience, portfolio size, risk-tolerance, and current market conditions - none of which we can determine."

StockPickReport also offers a proprietary stock-picking software suite. 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:



  Research In Motion Ltd (Nasdaq:RIMM) - SELL
  http://www.stockpickreport.com/rating.php?sym=RIMM

  EMC Corporation (NYSE:EMC) - SELL
  http://www.stockpickreport.com/rating.php?sym=EMC

  Flextronics International Ltd (Nasdaq:FLEX) - WEAK BUY
  http://www.stockpickreport.com/rating.php?sym=FLEX

  Wyeth (NYSE:WYE) - SELL
  http://www.stockpickreport.com/rating.php?sym=WYE


            

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