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Thread: SIRI Intraday Tuesday 07-07-09

  1. #21
    SiriuslyLong is offline
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    Quote Originally Posted by TSavery View Post
    Forgive me for being blunt here, but anyone who thinks subs will be positive is being an idiot. If you know what you are doing in tracking satellite radio, it is impossible to arrive at a posituive sub count.

    Plain and simple.
    I know. I read your post.

  2. #22
    SiriuslyLong is offline
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    Quote Originally Posted by Siriusowner View Post
    The sell signal was yesterday morning at 0.46. We are already below 0.43.

    This is a free fall to 0.35. There's support @ 0.35. There's nothing between 0.43 and 0.35 to stop the free fall. I'd put a stop @ 0.34 then buy again once it breaks above 0.35

    Just hope volume is light, the ligther the volume the faster we'll get there.
    Back up to 43 with 2.5 hours to go.

  3. #23
    Siriusowner is offline
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    Quote Originally Posted by SiriuslyLong View Post
    Back up to 43 with 2.5 hours to go.
    So ? That does not break the trend or any other indicator.

    Look at the chart. The strong white line @ 0.35 is major support.

    Notice how the stock bounced off 0.42 feww days ago. This may provide a weak support. If it bounces off 0.42 then it becomes a stronger support.
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    Last edited by Siriusowner; 07-07-2009 at 03:01 PM.

  4. #24
    SiriuslyLong is offline
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    Quote Originally Posted by Siriusowner View Post
    So ? That does not break the trend or any other indicator.

    Look at the chart. The strong white line @ 0.35 is major support.

    Notice how the stock bounced off 0.42 feww days ago. This may provide a weak support. If it bounces off 0.42 then it becomes a stronger support.
    Down goes SIRI, down goes SIRI. Yeap, it looks like we are on our way to the 30's. Ruby Tuesday's is kicking ass though.

  5. #25
    trippingthespeculatingpos is offline
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    i still think the floor will be .40-.42

  6. #26
    Siriusowner is offline
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    Quote Originally Posted by SiriuslyLong View Post
    Down goes SIRI, down goes SIRI. Yeap, it looks like we are on our way to the 30's. Ruby Tuesday's is kicking ass though.
    Unfortunately, this seems to be the retracement everyone was waiting for. The S&P 500 has retraced about 7.3% from the 950 level.

    There seems to be some support at this level (880 on the S&P 500). If it gets broken, the next stop is 840-860. At 840-860 there's the 10 % retracement, lets hope it holds...

    Otherwise.... you can figure it out.

  7. #27
    Siriusowner is offline
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    Quote Originally Posted by trippingthespeculatingpos View Post
    i still think the floor will be .40-.42
    Based on what ?

  8. #28
    trippingthespeculatingpos is offline
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    crystal ball.....................................

  9. #29
    bdp is offline
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    We need much more stimulus money?Thank you Joe Biden! Let's see if we can blow through 8000 and back into the panic of a 7000 Dow. On the bright side, once Sirius gets back to the low 30's, will be yet another, and possibly the final great discount buying opportunity for long players. I think the market may be in for a very rough next few weeks.

  10. #30
    Siriusowner is offline
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    Quote Originally Posted by trippingthespeculatingpos View Post
    crystal ball.....................................
    That is not very reliable, right ?

  11. Ad Fairy Senior Member
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