Stock Research for the Nasdaq 100, eBay, Select Sector SPDR Energy and Brocade Communications from StockPickReport


SHREVEPORT, La., March 28, 2005 (PRIMEZONE) -- The following is an investment opinion issued by StockPickReport: StockPickReport.Com (IARD #119079, http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Nasdaq 100, eBay, Select Sector SPDR-Energy, Brocade Communications Systems Inc.

STOCKPICKREPORT RATINGS:

Nasdaq 100 (AMEX:QQQQ) -- WEAK SELL

http://www.stockpickreport.com/abrating.php?sym=QQQQ

eBay (Nasdaq:EBAY) -- STRONG BUY

http://www.stockpickreport.com/abrating.php?sym=EBAY

Select Sector SPDR-Energy (AMEX:XLE) -- SELL

http://www.stockpickreport.com/abrating.php?sym=XLE

Brocade Communications Systems Inc (Nasdaq:BRCD) -- BUY

http://www.stockpickreport.com/abrating.php?sym=BRCD


                    Monday, March 28, 2005
                StockPickReport Commentary

   18% is not 40%
   Neil Batho, Guest Columnist

Trading can be compared a lot to athletics. Even the best athletes need a break sometimes. It's not uncommon to see the best quarterbacks, pitchers and hockey goalies get pulled from the game by their coaches. Often they will ask the coach to pull them. If your trading is not going well, take a break. Often it only takes a day to regroup.

Let's take a look at how we see the markets. Remember back in 2000? The "analysts" were always saying the market should go up because after all, profits were healthy. Well, that wouldn't have helped your portfolio. Even Cisco's profits are greater today than in 2000 and the stock is still down over 70%. I just happened to catch Jim Cramer on CNBC the other day on his new show where he paces around and screams at the camera. He was saying how GE and Northrop Grumman's increased earnings were showing a robust economy. BUT.... don't we know that we are trading the MARKET? Not the ECONOMY. To make money one needs to buy at the bottom of the market, not the top of the economy. HA! What do you think about that one Mr. Cramer?

So, please dear reader, don't ever trade based on the economy. Trade based on the market. Looking at the market, overall stocks are 18% oversold using our methodology. This is a statistical analysis on a 10 week moving average. Once stocks reach 40% oversold, they can rebound sharply. We can catch trading moves in these rallies, but it's not a sign to jump back in for the long haul, since this is only one indicator. Every other indicator shows the bears firmly in control.

So, is it time to regroup for yourself? Probably. I am guessing that even if you sat in cash and didn't look at the market for a week, then came back to this column next week, you would see little changed overall in the market. In fact, you could probably avoid a very bad trading week.

What really troubles me is all of the inflation fears these days. We wrote a few days ago that Alan Greenspan doesn't know what he is doing and we stand by that. He is going to wreck this market once and for all before he retires we think. The best inflation hedge is gold, under "GLD". But even gold hasn't been rallying. There is very strong support at $410, however, so this is a great place to park your money still.

Inflation fears have raised the ante at the poker table, and we are inclined to sit this one out. For at least a hand or two. Should we see a potential for a short term rally, as often happens, we will let you know, otherwise, protect your capital. You're going to need it when a bottom comes.

For More Commentary Go Here: http://www.stockpickreport.com

All commentary written by StockPickReport staff or contracted writers and analysts.

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.stockpickreport.com/article.php for more details.

If the links to our ratings above do not work, please use these:

Nasdaq 100 (AMEX:QQQQ) -- WEAK SELL

http://www.stockmonthly.com/QQQQ-Stock-Research.php

eBay (Nasdaq:EBAY) -- STRONG BUY

http://www.stockmonthly.com/EBAY-Stock-Research.php

Select Sector SPDR-Energy (AMEX:XLE) -- SELL

http://www.stockmonthly.com/XLE-Stock-Research.php

Brocade Communications Systems Inc (NASDAQ:BRCD) -- BUY

http://www.stockmonthly.com/BRCD-Stock-Research.php



            

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