SHREVEPORT, La., March 27, 2006 (PRIMEZONE) -- StockPickReport.Com (IARD No. 119079, http://www.stockpickreport.com), rates Intel (Nasdaq:INTC), PRG Shultz (Nasdaq:PRGX), Micron Technology (NYSE:MU) and Home Depot (NYSE:HD).
StockPickReport provides unbiased stock ratings from registered investment advisors. StockPickReport offers subscription services for swing traders, day traders and penny stock traders. StockPickReport gives daily market commentary and features a member's area with information on over 12,000 stocks.
Important Stock rating Changes for Monday, March 27, 2006:
Intel (Nasdaq:INTC) -- BUY
http://www.stockpickreport.com/abrating.php?sym=INTC
PRG-Schultz International Inc (Nasdaq:PRGX) -- SELL
http://www.stockpickreport.com/abrating.php?sym=PRGX
Micron Technology Inc (NYSE:MU) -- WEAK SELL
http://www.stockpickreport.com/abrating.php?sym=MU
Home Depot (NYSE:HD) -- STRONG SELL
http://www.stockpickreport.com/abrating.php?sym=HD
StockPickReport Commentary -- March 27, 2006
Daytrading Is Nothing New -- It's Just Human Nature To Desire A Quick Profit
Recently, Jim Cramer mentioned that a new daytrading system will allow investors worldwide to watch the daily trading on the bourses. You know that kind of hyper-active trading is no joke. If James Cramer says it, it must be important.
History shows that daytrading used to be an easy way to make money on stocks like Intel (Nasdaq:INTC) when markets used the fraction system (spreads were larger due to the fractions). But, that was before Warren Buffet said, "The fact is that a bubble market has allowed the creation of bubble companies, entities designed more with an eye to making money off investors rather than for them."
In my opinion, that's when daytrading became less lucrative and turning a profit on stocks such as Micron Technology (NYSE:MU) turned much more difficult.
But, you know, investing can be a mystery. I mean, investors say that customer service, performance or products are essential when choosing a financial firm. How about just plain old making money? Where does that fit in to the equation? I guess it's number one on the list for James Cramer, though. He said his passion has always been stock investing, and it has made him rich.
Yet, many brokers still say day trading is too risky and investing is just a "political exercise". But, I say that, daytrading is nothing new, though, it's simply human nature to want to take a quick profit and then repeat the process.
I guess what I'm really saying is that the market is unpredictable. But, it's not 1999 all over again. In fact, the stock market is still considered an important indicator of what lies ahead for my long-term wealth -- whether that includes "daytrading" or "investing" in stocks like Home Depot (NYSE:HD).
For more commentary go to: http://www.stockpickreport.com.
If the links above are not available, try these:
Intel (Nasdaq:INTC) -- BUY
http://www.donharrold.net/stocks/INTC.php
PRG-Schultz International Inc (Nasdaq:PRGX) -- SELL
http://www.donharrold.net/stocks/PRGX.php
Micron Technology Inc (NYSE:MU) -- WEAK SELL
http://www.donharrold.net/stocks/MU.php
Home Depot (NYSE:HD) -- STRONG SELL
http://www.donharrold.net/stocks/HD.php
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.
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