No you are wrong again. I have already gotten credit for those because I made them in public forums. As a matter of fact I see my very words used here by many. So it wont change me. If you are wrong be prepare to get bashed by me. I try to never let something I know to be wrong to go on. I treat them like weeds they have to be pulled or killed otherwise they tend to flurish and spread. and instead of debating one person I have to debate 2, 3, 4, 5, and so on and believe me, it happens (examples; the no short sqeeze, The Tate issue and last but not least here with Brandon) You people have gotten so sucked in by his projections it is amazing to me. I think it is because he says he was correct and you guys just after hearing it so many times just started to believe it. It is like so many other debates, I cant make something anymore clear then I just did. Just like so many other times before it has happen. Did you ever go check that thread out, in hind sight makes alot of sense about what Tate would do doesn't it. Why is it that it took so many post to get most of them to realize it and some still didn't. Because It was talked about for to long before I said something about it.
P.S. As I have said many times before, what I do is nothing special anyone can do it. You just have to let go and not be a follower. Then listen to your common sense and logic.
looks like we might test this .37 base again huh? Build some more confidence for a rally.
Do an exercise. Pretend today, you just learned everything there is to know about SiriusXM. ANd your thinking of buying stock in it. Would you buy today, or risk not holding any shares over the weekend? If you are a bagholder, who you sell now? Or hold over the weekend? If you think it out, you can see the answer that best suits your personal situation.
To answer the question, sorry that wasnt necessarily related to you, yes, It seems logical.
Last edited by relmor2003; 03-27-2009 at 01:25 PM.
No, I'm no longer a bag holder and well into profit on my core position. I'm holding some dry powder just to add if a good buying situation arises (i.e. like the large drops that the MM's manipulated last week) or sell maybe 10-15% position on a drive up . . . but nothing less than 0.40.
I thought it would zig at 1:00 but instead it zagged!
I would say a good buying situation for very short term is .37 or just above. Long term, it has passed. Now you have decent buying opportunity today. As I am predicting significant movement up or down, it still could be down. If you have some powder, and your already in the green with your core, you will feel lucky if it falls, and happy if it doesnt.
This is America - we'll spell 'kaput" like we want to!!
http://www.merriam-webster.com/dictionary/kaput