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  1. winagain35 is offline
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    01-07-2009, 07:47 PM #131
    Quote Originally Posted by Siriusowner View Post
    Exactly and .002 is irrelevant in momentum trading. Momentum traders follow large moves with high volume.
    Listen, you're the one who wanted to bet people that today would be a down day, not an up day.
    But, you're right - .002 isn't much, it's' a mere 1.5% for this stock. BUT it's' the difference between today being an up day or a down day for the equity. As it turns out, it was an up day on an otherwise dismal trading session for the nasdaq and most tech stocks. It also means that the stock price continued to push ahead of the five day moving average and today it actually touched the 20 day moving average of .15. I doubt anyone's breakin out cigars, but .002 is not completely irrelevant.

  2. Demian is offline
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    01-07-2009, 08:02 PM #132
    With the NASDAQ down 3.23% and SIRI up 1.083%, I wouldn't call that irrelevant...

  3. Siriusowner is offline
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    01-07-2009, 08:51 PM #133
    Quote Originally Posted by Demian View Post
    With the NASDAQ down 3.23% and SIRI up 1.083%, I wouldn't call that irrelevant...
    Irrelevant, irrelevant, irrelevant... want one more ? Irrelevant.

    Ok, I missed. You should have taken the bet. The stock closed green with an irrelevant gain

  4. Demian is offline
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    01-07-2009, 08:56 PM #134
    Quote Originally Posted by Siriusowner View Post
    Irrelevant, irrelevant, irrelevant... want one more ? Irrelevant.

    Ok, I missed. You should have taken the bet. The stock closed green with an irrelevant gain
    You never said how much you were willing to put up that it would close red...

  5. Siriusowner is offline
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    01-07-2009, 08:56 PM #135
    Quote Originally Posted by winagain35 View Post
    Listen, you're the one who wanted to bet people that today would be a down day, not an up day.
    But, you're right - .002 isn't much, it's' a mere 1.5% for this stock. BUT it's' the difference between today being an up day or a down day for the equity. As it turns out, it was an up day on an otherwise dismal trading session for the nasdaq and most tech stocks. It also means that the stock price continued to push ahead of the five day moving average and today it actually touched the 20 day moving average of .15. I doubt anyone's breakin out cigars, but .002 is not completely irrelevant.
    What a good idea, I'd go for a Cohiba and a cup of a good Merlot or Porto.

    By the way, the gain today ? Irrelevant, irrelevant, irrelevant...

    The NASDAQ is just and index, it gives you a pulse for the market but that does not mean SIRI has to follow it.
    Last edited by Siriusowner; 01-07-2009 at 09:11 PM.

  6. Demian is offline
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    01-07-2009, 09:03 PM #136
    I'm drinking some good Merlot right now...

    Just a tip, wine from the Pasa Robles region is super....it's hard to go wrong with wine from that region.

  7. winagain35 is offline
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    01-07-2009, 09:07 PM #137

    Cool

    Quote Originally Posted by Siriusowner View Post
    What a good idea, I'd go for a Cohiba and a cup of a good Merlot or Porto.

    By the way, the gain today ? Irrelevant, irrelevant, irrelevant...

    The NASDAQ is just and index, it gives you a pulse of the market but that does not mean SIRI has to follow it.
    Listen Siriusowner... I know you like to argue and that you're quite proud of your opinion with this equity, but for you to suggest anything other than a good ten year single malt scotch with that Cohiba demonstrates you're clearly a novice!

  8. Siriusowner is offline
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    01-07-2009, 09:12 PM #138
    Quote Originally Posted by Demian View Post
    You never said how much you were willing to put up that it would close red...
    You never took the bet. I asked you, "wanna bet ?"

  9. Siriusowner is offline
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    01-07-2009, 09:14 PM #139
    Quote Originally Posted by winagain35 View Post
    Listen Siriusowner... I know you like to argue and that you're quite proud of your opinion with this equity, but for you to suggest anything other than a good ten year single malt scotch with that Cohiba demonstrates you're clearly a novice!
    I like Crown but that is just Whiskey. What do you recommend for Scotch ? Too much alcohol though and I stop enjoying the cigar.

  10. Siriusowner is offline
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    01-07-2009, 09:18 PM #140
    Quote Originally Posted by Demian View Post
    I'm drinking some good Merlot right now...

    Just a tip, wine from the Pasa Robles region is super....it's hard to go wrong with wine from that region.
    Is Pasa Robles in California ? Any specific winery from that region ? I am drinking Merlot too.

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