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  1. Sundevil is offline
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    Joined: Nov 2008 Location: Denver, CO Posts: 96
    03-25-2009, 02:52 PM #151
    Run baby run!! (or should I say Fall, baby fall) I was feelin crappy selling at .3801 this morning when it kept teasing .39.....Feeling much better now, but Now when to buy back?

    When you buying Ben? I got a little dry powder but will have more tomorrow. I'm thinking .32?

    Don't hate me for rooting for a drop. I'm still long 6600 shares (at .385) , and know this puppy has great days ahead, just want to improve my position.
    Last edited by Sundevil; 03-25-2009 at 02:55 PM.

  2. bassmaster is offline
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    Joined: Mar 2009 Posts: 1,216
    03-25-2009, 02:55 PM #152
    Quote Originally Posted by Demian View Post
    I think the next leg up brings SIRI to it's 200 DMA........

    http://stockcharts.com/h-sc/ui?s=SIR...d=p89775725136
    ive been following the same indicators(plus a couple more), i dont expect to hit the 200dma for a couple of weeks(maybe even a month), resistance is hella strong. i see slight upticks in range trading short term while the bands contract. this to me makes for a spring board and huge jump percentage wise once we diverge. there it becomes a short covering and some value money coming in with basically a non down day for multiple days in a row. kind of like what we've seen last week except it will be a more than just a few pennies per day as the price is higher( i think pps will be more concentrated on percentages). 2 things that will make the crossover will either be time or a sick news release. im hoping for the latter as it will propel the springboard higher. the only thing working against the charts (which is extremely bullish) is the R/S. it can happen at any time, as i dont know what mel's intentions on it are.


    jmho......i am long, i dont day trade this equity, not till i hit my breakeven at the very least then i will readjust my short term plans but maintain a major core position for the long term.

  3. Paratrooper_Rick is offline
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    Joined: Feb 2009 Location: In the trenches taking aim Posts: 634
    03-25-2009, 02:55 PM #153
    Quote Originally Posted by dmo2424 View Post
    crap. .35 broken. I should never buy more. buy and hold buy and hold. i can't trade for crap. somebody tell me it's going to be all right. I bet there are so many SIRI investors who are keeping the psychiatry profession (or liquor industry) a float during these tough economic times!
    You'll be ok...

    I think we all could use a shrink about now....

  4. mogami is offline
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    Joined: Mar 2009 Posts: 422
    03-25-2009, 02:56 PM #154
    Hi, Don't wait to hit this thing perfect. Buy when you can make money when you sell and sell when you made the money you hoped for when you bought.
    When you do either don't look over your shoulder thinking "crap"
    (did I mention I don't pay attention to charts.)

    It has an hour to get over yesterdays close and stay in pattern.
    Last edited by mogami; 03-25-2009 at 02:59 PM.

  5. SiriusXM - Jason is offline
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    Joined: Nov 2008 Posts: 37
    03-25-2009, 03:00 PM #155
    PATIENCE guys and gals...

    Like I said yesterday, we are heading back to the .20's

    We are not making new highs and volume has topped out

  6. Sundevil is offline
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    Joined: Nov 2008 Location: Denver, CO Posts: 96
    03-25-2009, 03:02 PM #156
    Interesting tidbit....23,000 buying....4500 selling..

    Now its 3000 buying...4500 selling

    The buying side is ALL over the place...Looks like a lot of people getting in..

  7. mogami is offline
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    Joined: Mar 2009 Posts: 422
    03-25-2009, 03:03 PM #157
    Quote Originally Posted by SiriusXM - Jason View Post
    PATIENCE guys and gals...

    Like I said yesterday, we are heading back to the .20's

    We are not making new highs and volume has topped out
    With all due respect, you are incorrect. The .20's would be a disaster for the people who make a living making the market for this stock. It has to close up more often then not to generate the volume they need. They use afterhours and premarket as their setup for each days trade.

    By going back to the .20's they would allow all the people they spent 2 weeks shaking out back into the money.
    Last edited by mogami; 03-25-2009 at 03:06 PM.

  8. bassmaster is offline
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    03-25-2009, 03:04 PM #158
    p.s. there will be a headfake ( not sure how long it will last) so dont get fooled.

    p.p.s. i notice ALOT of noobs are trading ranges, IMO i believe it a huge mistake. most have no plans except "to get rich". when i read posts about people buying and selling on the wrong ends actually makes me laugh. short term( intraday) strategies can change within minutes or even seconds and by the time they read the posts and execute trades (without truly understand all the tech indicators) they either get lucky or get fished in.

  9. mogami is offline
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    Joined: Mar 2009 Posts: 422
    03-25-2009, 03:10 PM #159
    It will close above .3560 (by closing up the afterhours and pre-market crowd look to get in for tomorrows up day) Then the game is played all over again.

    (I sold at .385 and rebought at .355 today)

  10. Demian is offline
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    Joined: Oct 2008 Posts: 2,320
    03-25-2009, 03:10 PM #160
    .38 .38 .38 .38 .38 .38 .38 .38 .38 .38........

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