SHREVEPORT, La., April 5, 2006 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com), rates Diamonds Trust (AMEX:DIA), Select Sector Energy (AMEX:XLE), Brocade (Nasdaq:BRCD), and BEA Systems (Nasdaq:BEAS).
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Important Stock rating Changes:
Diamonds Trust (AMEX:DIA ) -- SELL http://www.stockpickreport.com/abrating.php?sym=DIA
Select Sector SPDR-Energy (AMEX:XLE) -- SELL http://www.stockpickreport.com/abrating.php?sym=XLE
Brocade Communications Systems Inc (Nasdaq:BRCD) -- STRONG SELL http://www.stockpickreport.com/abrating.php?sym=BRCD
BEA Systems Inc (Nasdaq:BEAS) -- STRONG SELL http://www.stockpickreport.com/abrating.php?sym=BEAS
StockPickReport Commentary -- April 04, 2006
Sometimes I like taking a headline from an article and writing about it in this commentary. One of my favorites from last year was when oil prices went down and the market went up, headlines would read, "Market rallies on lower oil prices."
Then, since oil stocks got bigger and bigger weightings in the market, you'd get a headline like, "Market falls on lower oil prices." Conflicting, no?
Gold is looking at $600. We were writing that when it hit $500, (seems like a long time ago), that it would hit newspapers. Well, actually it didn't! Will $600 matter? In fact, for us, we prefer things to fly under the radar. It's easier to make profits that way.
As always, for a year now, we are bullish on gold. Still are, and we probably will be until the main theme of conversation at dinner parties is, "Did you buy gold yet?" then our finger will be resting on the sell button, just waiting for signs of a top to take profits.
Right now, commodities rule. Commodities will continue to rule for years. That's why BHP is up very nicely since I recommended it as the "top dog" commodity stock two weeks or so ago.
But no problem! There's going to be plenty of opportunity for years in commodities and related stocks. -- Neil Batho, StockPickReport Analyst
For More Commentary go to: http://www.donharrold.net
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.
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If the links above do not work, try these:
Diamonds Trust (AMEX:DIA) -- SELL http://www.donharrold.net/stocks/pr/DIA.php
Select Sector SPDR-Energy (AMEX:XLE) -- SELL http://www.donharrold.net/stocks/pr/XLE.php
Brocade Communications Systems Inc (Nasdaq:BRCD) -- STRONG SELL http://www.donharrold.net/stocks/pr/BRCD.php
BEA Systems Inc (Nasdaq:BEAS) -- STRONG SELL http://www.donharrold.net/stocks/pr/BEAS.php
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