Last edited by denco1; 01-07-2013 at 11:31 AM.
It almost looks like it expects volatility to the upside!
heres a direct link http://www.windchart.com/ezone/signa...obrand=stockta
to go from the main page its "INTRADAY" then "EZONE" links
Uh oh, here come the bears.... Got the following from my E-Trade Newswire
But, time to load up
MARKET TALK: Sirius XM Radio Shares Getting Pricey?*LMCA**LMCB**SIRI*
1:49 EST - It may be time to treat Sirius XM Radio (SIRI) shares with some serious skepticism. After the stock's roughly 70% rise during the last year, its market cap has swelled to $16B. But accounting for the preferred stock held by Liberty Media (LMCA), which converts to 1.3B common shares, the fully-diluted value of the company is $20B -- not far from CBS at $24B and Viacom (VIA VIAB) at $29B. And with services like Pandora becoming easier to use in cars, Sirius's double-digit revenue growth probably won't run forever. At 23x analysts' projections for 2013 cash flow, investors should consider switching stations. SIRI flat at $3.10. (firstname.lastname@example.org) Call us at (212) 416-2181 or email@example.com (END) Dow Jones Newswires January 07, 2013 11:49 ET (16:49 GMT) Copyright (c) 2013 Dow Jones & Company, Inc. 010713 16:49 -- GMT
I saw we were drifting sideways and volume dissappeared, tried to make a trade at 2.10 but they left me behind so I'm holding through this bear raid I guess.
Thanks Imro. I've bookmarked that link. Now I just need to study what it tells me and see if I can understand. I'm reminded that someone once told me that I might be slow, but I'm old.
PS. I don't know exactly what can account for this little recession in our sp this morning, but I do recall my parting post and supporting graphic last week was indicating that we were entering the "overbought" region on RSI, and the Slo Stochastic oscillator had indicated a tendency to flatten, then perhaps turn downward. Here's the present view which seems to confirm what was signalled on Friday.
SI, yeh, that's what I'm seeing, too. With Wednesday's presentation looming and other possible good news, MMs generally like to take it down a notch to load up just before these events; this may be the loading zone!
The way Premarket was rollin I'd think we'd be higher too!
Anybody buying at these levels? I did a couple days ago but think I will wait for now