Originally Posted by
Demian
OK, I've got the 6 month daily chart in front of me and the 15 DMA line drawn up...
You said that SIRI had not broken the 15 DMA since July of 2008, but that is not true....
SIRI broke the 15 DMA on....
August 15th - 20th
Sept. 2nd
Oct. 27th - 30th
Nov. 4th
Nov. 28th
Dec. 1st
Dec. 4th
Dec 26th
and then now recently since Jan 6th.....
I think the breaking of the long term downward trendline the other day is more significant, since that hasn't happened all of these other times - which turned out to be head fakes...