SHREVEPORT, La., Feb. 23, 2006 (PRIMEZONE) -- SHREVEPORT, La. StockPickReport.Com (IARD No. 119079, http://www.stockpickreport.com ) issues the following stock ratings changes in Lucent, AT&T, Bank Of America Corp. and Bristol-Myers Squibb Company.
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Important Stock Rating Changes for February 23, 2006:
Lucent (NYSE:LU) -- STRONG SELL
http://www.stockpickreport.com/abrating.php?sym=LU
AT&T (NYSE:T) -- STRONG SELL
http://www.stockpickreport.com/abrating.php?sym=T
Bank Of America Corp. (NYSE:BAC) -- BUY
http://www.stockpickreport.com/abrating.php?sym=BAC
Bristol-Myers Squibb Company (NYSE:BMY) -- SELL
http://www.stockpickreport.com/abrating.php?sym=BMY
StockPickReport Commentary -- February 23, 2006
Where are the "good old days"?
You know, the days when stocks just went up and up and up? That seems like a long time ago, right? But, the allure is very powerful to think that it could happen again.
The stock market is long on allure and short on common-sense, though. So many stocks are overbought and at multi-year highs right now that we think traders should apply more of the latter (common-sense) than be swayed by the former (allure).
Why not add some cash back to your account? Lighten some positions. You earned it. What a ride over the last few years, right?
Hey, we're not bears; just happy to take a taste of the honey every now and then. And, boy, a little honey would sure sweeten the pot right about now.
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