SHREVEPORT, La., Aug. 8, 2005 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Symantec Corp., Apple Computer Inc., Broadcom Corporation, SanDisk Corp.
STOCKPICKREPORT RATINGS:
Symantec Corp. (Nasdaq:SYMC) -- SELL http://www.stockpickreport.com/abrating.php?sym=SYMC Apple Computer Inc. (Nasdaq:AAPL) -- SELL http://www.stockpickreport.com/abrating.php?sym=AAPL Broadcom Corporation (Nasdaq:BRCM) -- SELL http://www.stockpickreport.com/abrating.php?sym=BRCM SanDisk Corp. (Nasdaq:SNDK) -- STRONG SELL http://www.stockpickreport.com/abrating.php?sym=SNDK
StockPickReport Commentary -- August 8, 2005
One thing to look at is the technical performance of the indexes. The index we like, the S&P 500, displays overbought (read: about to drop) indicators like MACD and RSI.
When a storm is coming you can feel it. You can smell the ionized air. The cool breeze blowing through the trees. The clouds on the horizon. I am a firm believer that there is a storm coming and if you hold your hands out -- palms up -- you'll feel the first few drops of rain. Now me, I'm a gardener. This summer's been kinda dry around these parts. I think a week of rain would do some good.
So, I say, let it rain but have your buckets ready to collect some runoff. (IE: SHORT SOME STOCKS. We suggest the QQQQ.) Don't be afraid of the dark clouds. See them as "bringers of profits for wise investors". -- Don Harrold, StockPickReport Analyst
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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.
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If the links to our ratings above do not work, please use these:
Symantec Corp. (Nasdaq:SYMC) -- SELL http://www.stockmonthly.com/SYMC-Stock-Research.php Apple Computer Inc. (Nasdaq:AAPL) -- SELL http://www.stockmonthly.com/AAPL-Stock-Research.php Broadcom Corporation (Nasdaq:BRCM) -- SELL http://www.stockmonthly.com/BRCM-Stock-Research.php SanDisk Corp. (Nasdaq:SNDK) -- STRONG SELL http://www.stockmonthly.com/SNDK-Stock-Research.php