Results 1 to 10 of 151

Thread: SIRI Daily Friday 12.21.12-No Plan B, lookout below......

Hybrid View

  1. #1
    radejs is offline
    Senior Member
    radejs's Avatar
    Joined: Dec 2012 Posts: 390

    SIRI Daily Friday 12.21.12-No Plan B, lookout below......

    From Wall Street Journal Blog this AM

    House Speaker John Boehner, facing a rebellion in his party’s conservative ranks, abandoned his own plan to avert tax increases for most Americans Thursday night, throwing Washington’s high-stakes budget negotiations into disarray and bringing the prospect of tumbling over the fiscal cliff into sudden focus. After pulling his bill without taking a formal vote, Mr. Boehner unexpectedly disbanded the House until after Christmas, leaving behind uncertainty about whether Congress and President Barack Obama would be able to avoid $500 billion in spending cuts and tax increases that begin in January.

    House Republicans’ refusal to go along with Mr. Boehner’s tax plan represents a rebuke to the speaker that raises questions about his ability to lead his party in further budget negotiations with Mr. Obama. Negotiations between the White House and Mr. Boehner are at a standstill. The bill that failed Thursday, which would have raised income-tax rates on income over $1 million, was designed as a backup.

    The dramatic course change, and the uncertainty about what will become of Washington’s budget negotiations, could rattle investors and financial markets that until now have been reasonably stable on the expectation that the White House and congressional leaders would strike a deal.

  2. #2
    radejs is offline
    Senior Member
    radejs's Avatar
    Joined: Dec 2012 Posts: 390
    Also from the Journal this AM, a bit of president bashing, but deservedly so in my opinion

    http://online.wsj.com/article/SB1000...inion_newsreel

  3. #3
    abcdarin is offline
    Enthusiast
    abcdarin's Avatar
    Joined: Dec 2012 Posts: 129
    The P&F charts show we have some nice support below us. I hope it holds up while we go for the Cliffmas season.

  4. #4
    nytimbo58 is offline
    Junior Member
    nytimbo58's Avatar
    Joined: Nov 2012 Posts: 27
    Well, either Siri will continue to hold relatively strong as opposed to the rest of the market,as it has been lately, or will we get a nice buying opportunity...either senario I guess is not that bad, assuming you have dry powder...

  5. #5
    nytimbo58 is offline
    Junior Member
    nytimbo58's Avatar
    Joined: Nov 2012 Posts: 27
    Cliffmas Season, thats a good one!

  6. #6
    denco1 is offline
    Mentor
    denco1's Avatar
    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,537
    Quote Originally Posted by nytimbo58 View Post
    Cliffmas Season, thats a good one!
    I like it too....BTW, good morning all

    I'm a bit partial to the DONKEYDONGBEATDOWNBULLSHITTAKEDOWN myself. What an orchestrated pile of crap this gap down is.
    Just a little message to the politicians to get there heads out of their asses. They will test support on the S&P at 1425 ish. SIRI, maybe 2.85. If it holds real strong then 2.90-2.94?

    EDIT: If SIRI stays REAL STRONG then maybe.....oh....UNCH on the close.
    Last edited by denco1; 12-21-2012 at 08:01 AM.

  7. #7
    imromo24 is offline
    Guru
    imromo24's Avatar
    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    Denco, nice "location"

    Not very excited about a takedown today. Maybe a buying opp...buybacks? Option ex help? Where is 2013 guidance and the new personalized radio that was due !?

  8. #8
    nytimbo58 is offline
    Junior Member
    nytimbo58's Avatar
    Joined: Nov 2012 Posts: 27
    Quote Originally Posted by denco1 View Post
    I like it too....BTW, good morning all

    I'm a bit partial to the DONKEYDONGBEATDOWNBULLSHITTAKEDOWN myself. What an orchestrated pile of crap this gap down is.
    Just a little message to the politicians to get there heads out of their asses. They will test support on the S&P at 1425 ish. SIRI, maybe 2.85. If it holds real strong then 2.90-2.94?

    EDIT: If SIRI stays REAL STRONG then maybe.....oh....UNCH on the close.
    Denco, posts like this from you is why i came over here. LMAO every time!!

  9. #9
    csl8 is offline
    Junior Member
    csl8's Avatar
    Joined: Mar 2009 Posts: 21
    Stock index futures, stock index options and stock options expire today. Triple Witching. Can cause volatility end of day.

  10. Ad Fairy Senior Member

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •