SHREVEPORT, La., Dec. 17, 2004 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com - the web's only non-mainstream stock rating service), rates Motorola Inc., Bank Of America Corp., CIENA, Sprint FON Group.
STOCKPICKREPORT RATINGS:
Motorola Inc. (NYSE:MOT) - BUY
http://www.stockpickreport.com/abrating.php?sym=MOT
Bank Of America Corp. (NYSE:BAC) - BUY
http://www.stockpickreport.com/abrating.php?sym=BAC
CIENA (Nasdaq:CIEN) - BUY
http://www.stockpickreport.com/abrating.php?sym=CIEN
Sprint FON Group (NYSE:FON) - BUY
http://www.stockpickreport.com/abrating.php?sym=FON
STOCK COMMENTARY Friday, December 17, 2004 StockPickReport Commentary Questions Answered
Got some great questions recently. Here are our replies:
1. Exactly what does "triple witching" mean and what
implications does it have on the stock market?
ANSWER: "Triple Witching" happens the third Friday in
March, June, September, and December, as the S&P
futures contract, S&P index option contract, and
individual stock options, all expire. "Triple Witching"
happens on these intervals because the underlying
options can be purchased in three, six, nine,
and 12 month durations. With "Triple Witching",
the market is usually very active. Traders try to
close out their option positions. Significant price
swings are common. The thing to keep in mind with
the December "Triple Witching" is that there will be
folks clearing out positions for the END OF THE YEAR,
as well as options.
2. WHAT DO YOU THINK OF "SIRI"? ANSWER: SIRI is a stock
that got a big push from news and looks overbought
now. We think MACD, and RSI indicate downside.
3. I have an long mathematical background and would like
to learn techniques for studying charts. Can you
suggest a text or source of info to get started?
ANSWER: The book we like the most for technical analysis
is the "text book"-like, "Technical Analysis Explained"
by Martin Pring.
4. I would like to ask you one question, and perhaps
this is a silly one, but about your ratings; "strong buy",
"weak buy", etc., etc. How far out are you looking?
Are the ratings I'm looking at based on a one day?
or 30? or 90? ANSWER: Our stock ratings are not
based on a set number of days. They are good for
the time period that begins the day the rating was
initiated until the day the rating is changed.
We don't box our ratings into a time period because,
well, that's not the way the market works. When
the numbers change, our ratings change -- and that's
not something you can predict ahead of time.
Remember, if you have any questions or comments, please email Don Harrold, don@stockpickreport.com
For More Commentary Go Here:
http://www.stockpickreport.com
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."
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If the links to our ratings above do not work, please use these:
Motorola Inc (NYSE:MOT) - BUY http://www.stockpickreport.com/abrating.php?sym=MOT Bank Of America Corp (NYSE:BAC) - BUY http://www.stockpickreport.com/abrating.php?sym=BAC CIENA (Nasdaq:CIEN) - BUY http://www.stockpickreport.com/abrating.php?sym=CIEN Sprint FON Group (NYSE:FON) - BUY http://www.stockpickreport.com/abrating.php?sym=FON