SHREVEPORT, La., Dec. 17, 2004 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Pfizer Inc., Novell Inc., Siebel Systems Inc., Forest Laboratories Inc.
STOCKPICKREPORT RATINGS:
Pfizer Inc. (NYSE:PFE) -- BUY
http://www.stockpickreport.com/abrating.php?sym=PFE
Novell Inc. (Nasdaq:NOVL) -- BUY
http://www.stockpickreport.com/abrating.php?sym=NOVL
Siebel Systems Inc. (Nasdaq:SEBL) -- BUY
http://www.stockpickreport.com/abrating.php?sym=SEBL
Forest Laboratories Inc. (NYSE:FRX) -- WEAK BUY
http://www.stockpickreport.com/abrating.php?sym=FRX
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 3, 6, 9, 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 a 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
1 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:
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"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:
Pfizer Inc. (NYSE:PFE) -- BUY http://www.stockpickreport.com/abrating.php?sym=PFE Novell Inc. (Nasdaq:NOVL) -- BUY http://www.stockpickreport.com/abrating.php?sym=NOVL Siebel Systems Inc. (Nasdaq:SEBL) -- BUY http://www.stockpickreport.com/abrating.php?sym=SEBL Forest Laboratories Inc. (NYSE:FRX) -- WEAK BUY http://www.stockpickreport.com/abrating.php?sym=FRX