StockPickReport.com Introduces Warning About Gold Selloff


SHREVEPORT, La., March 7, 2006 (PRIMEZONE) -- StockPickReport.Com (IARD No. 119079, http://www.stockpickreport.com) issues the following stock ratings changes in Nasdaq 100 (AMEX:QQQQ), Dell (Nasdaq:DELL), ConocoPhillips (NYSE:COP), and DIAMONDS (AMEX:DIA).

StockPickReport.com is a provider of unbiased stock ratings from registered investment advisors. StockPickReport also has subscription services catering to Swing traders, Day traders and Penny Stock Traders.

StockPickReport.com issues daily market commentary and features a members' area with detailed information on more than 12,000 stocks.

Important Stock rating Changes for March 7, 2006:

Nasdaq 100 (AMEX:QQQQ) -- BUY

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

Dell Inc (Nasdaq:DELL) -- SELL

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

ConocoPhillips (NYSE:COP) -- BUY

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

DIAMONDS (AMEX:DIA) -- SELL

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

StockPickReport Commentary -- March 7, 2006

We told you yesterday before the open:

Our "Strong Sell" rating on DIAMONDS (AMEX:DIA) is about as pure a short play as we've made before. The DIA just seems ready for a breather.

We're telling you again.

The stock market is overbought. There are some stocks that are "less overbought" than others. But, at this point we are looking at way of "not losing" rather than outright "winning."

Our "Buy" on the QQQQ, for example is tentative -- at best. It's the least overbought of the major markets, but still not a prime candidate for a huge move up.

If you are looking for an opportunity, check into GOLD. We've been POUNDING THE TABLES on Gold (AMEX:GLD) since 2004. We see ANY weakness in GOLD right now as a BUYING opportunity.

There are some who believe GOLD is overbought. Our warning to shorts is not to "buy the lie." Stay strong and hang on y'all; the ride may be rocky.

For More Commentary, go here: http://www.stockpickreport.com

All commentary is 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.

StockPickReport DISCLAIMER

http://www.stockpickreport.com/disclaimer.html

Strike Friday is a registered Investment Advisor with the U.S. Securities and Exchange Commission, IARD number 119079.



            

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