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Thread: Sirius XM Point & Figure Thread

  1. #11
    Brandon Matthews is offline
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    Good observation. We won't know of a reversal until tomorrow. By rule you can only go 1 direction per day, and a new low was hit today. If it closes at .85 or better tomorrow, we can assume a reversal (as long as .65 is not hit intraday). The long straight line is called a pole. A low pole reversal is usually a very good trading opportunity. a 3 point reversal is a buy signal.

    Even if the long term downtrend continues, it could go as high as 1.35.

    8...1.65( 8= August, 2008)

    O....1.60

    O....1.55

    OX..1.50

    OXOXX.1.45 This is a double top at 1.45, indicating resistance to 1.50

    OXOXO.XO.1.40

    OXOXO.XO.1.35

    O..OO...9.1.26

    ..O...1.25 <-Sell Signal

    ..........................O..........1.20 <-Stop point recommendation

    ..........................O..........1.15

    ..........................O..........1.10

    ..........................O..........1.05

    ..........................O..........1.00

    ..........................O............95

    ..........................O............90

    ..........................O............88

    ..........................O............80

    ..........................O............75

    ..........................O............70 Low of Day
    Last edited by Brandon Matthews; 09-16-2008 at 09:03 PM.

  2. #12
    imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    Wednesday .77, .94 (not that I need to tell ya that, just a reminder since were seeing some action)

    Thanks.

  3. #13
    Brandon Matthews is offline
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    REVERSAL CONFIRMED!

    8.....1.65( 8= August, 2008)

    O.....1.60

    O.....1.55

    OX...1.50

    OXOXX..1.45 This is a double top at 1.45, indicating resistance to 1.50

    OXOXO.XO..1.40

    OXOXO.XO..1.35

    O..OO...9..1.26

    ..O....1.25

    ..........................O...........1.20

    ..........................O...........1.15

    ..........................O...........1.10

    ..........................O....X.....1.05

    ..........................O....X.....1.00

    ..........................O....X........95

    ..........................O....X........90

    ..........................O....X........85 <---Buy Signal!

    ..........................O....X........80

    ..........................O....X........75

    ..........................O..............70
    Last edited by Brandon Matthews; 09-18-2008 at 06:22 PM.

  4. #14
    Brandon Matthews is offline
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    8..................1.65( 8= August, 2008)

    O..................1.60

    O..................1.55

    OX................1.50

    OXOXX...............1.45

    OXOXO.XO..............1.40

    OXOXO.XO..............1.35

    O..OO...9..............1.30

    ..O................1.25

    ..........................O....................... 1.20

    ..........................O....................... 1.15

    ..........................O....................... 1.10

    ..........................O....X.................1 .05

    ..........................O....X....O...........1.00

    ..........................O....X....O..............95

    ..........................O....X....O..............89

    ..........................O....X....O...............85

    ..........................O....X....O...............76

    ..........................O....X.................. ..75

    ..........................O....................... ...70
    Last edited by Brandon Matthews; 09-27-2008 at 12:18 PM.

  5. #15
    Greenland is offline
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    Joined: Jul 2008 Location: nation's capitol Posts: 119

    W t h ?

    This has to be the slowest transition of products and marketing by a merger yet ! My nephew works at best buy and he says about 60% of sat. radio customers didn't know Sirius and Xm have merged ! 60 % ! ( but that's in a week spand, not like these things are flying off the shelf ) With the economy the way it is , new customers need to see it now for the holidays. They need time to ponder, save, and see if they can afford it. Word of mouth is the best for any business ! Get your new product out early, new logo , get Sirius and XM at every football stadium , baseball playoff games , college football , and tailgate your new product ! Dang it That's it i had enough , i'm gonna call the BBB !

  6. #16
    marcela is offline
    Junior Member
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    Joined: Jul 2008 Posts: 7
    I agree!!
    I went on a road trip with some friends and took my husband's Sirius with me and put it in their car, so we can listen to good music, now they are hooked, love it and they are getting one!!
    My other girlfriend knows I own shares from the company and how good the music channels are, she just bought one for her husband on their aniversary, as a shareholder, I am doing what I can, if we can all bring one more person in, maybe it will make a difference, eh?
    Marcela

  7. #17
    Brandon Matthews is offline
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    8..................1.65( 8= August, 2008)

    O..................1.60

    O..................1.55

    OX................1.50

    OXOXX...............1.45

    OXOXO.XO..............1.40

    OXOXO.XO..............1.35

    O..OO...9..............1.30

    ..O................1.25

    ..........................O....................... 1.20

    ..........................O....................... 1.15

    ..........................O....................... 1.10

    ..........................O....X.................1 .05

    ..........................O....X....O...........1. 00

    ..........................O....X....O............. .95

    ..........................O....X....O............. .90

    ..........................O....X....O............. .85

    ..........................O....X....O............. .80

    ..........................O....X....O............. .75

    ..........................O..........O............ ..70

    ......................................O........... ....65 <----yes, this is another bad sign.

    ......................................A........... ....60

    ......................................O....X.........55

    ......................................O....X.........50

    ......................................O....X.........45

    ......................................O........... ....40
    Last edited by Brandon Matthews; 10-14-2008 at 12:11 PM.

  8. Ad Fairy Senior Member
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