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Thread: SIRI Daily Thread Thur 2.28.13 - Go to Cash Thursday!

  1. #11
    SiriusBuzz is offline
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    I totally agree and I will throw in a trailing stop if I see it coming but, as a back up, I have a hard out at 3.15 which I am comfortable with. The problem is... I cant watch the ticker all day -- I wish!
    Charles LaRocca
    SiriusBuzz Founder

  2. #12
    jackweed is offline
    So off topic but a stock (MTG) i have been watching and playing a little bit makes zero sense to me. So the quarterly report came out and was pretty horrific if you ask me going by this

    http://www.jsonline.com/business/mgi...193835741.html

    the stock closed at $2.80 yesterday. earnings this morning. I watched the pre-market price and saw it hit $2.17 and was basically up and down in PM. I expected similar downside during regular hours but the sucker is up. I cancelled a buy I had in yesterday at $2.54 and thought I was a genius looking at pre-market.

    I don't understand how anybody who read the above would want this stock. I have a lot to learn on how to play this game.

    I kept thinking of putting my order back in in the 2.50's thought better of it. wish i did cause every time i looked at it, it was up .10 more cents. was about to at $2.96 and said forget it. thank goodness as it is dropping now.

  3. #13
    Redcloud is offline
    Glta, but I cant see being out of Siri at this time. Buffets rule is buy when everyone's scared. I loaded up on that first dip to 3.02.
    Suck Eggs Shorty!!!

  4. #14
    Spoons is offline
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    My accoutant mentioned some thing about Buffett forecasting a recession. I haven't seen anything. Others?

  5. #15
    Spoons is offline
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    Quote Originally Posted by Redcloud View Post
    Glta, but I cant see being out of Siri at this time. Buffets rule is buy when everyone's scared. I loaded up on that first dip to 3.02.
    I agree with "buy the fear". I just don't think we've seen the scary stuff yet and I want to be prepared to "buy" the fear by having plenty of cash to do just that. I don't wish anyone bad trading but I don't feel like this economy is about to take off and justify continued historic highs.

  6. #16
    SiriusBuzz is offline
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    ^ this ^
    Charles LaRocca
    SiriusBuzz Founder

  7. #17
    Nazareth is offline
    Does anybody think that the big thing to come with Buick is telematics at the end of this year. From what Mell was alluding to?

  8. #18
    Spoons is offline
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    Do you see what I see? Interested in your opinions. Refer to Stikky Charts pp 136-137.

    Hopefully I can figure out how to paste in an image....still learning.
    StikkyDOW.jpg
    Last edited by Spoons; 02-28-2013 at 03:23 PM.

  9. #19
    siriusly_invested is offline
    Quote Originally Posted by Spoons View Post
    Do you see what I see? Interested in your opinions. Refer to Stikky Charts pp 136-137.

    Hopefully I can figure out how to paste in an image....still learning.
    StikkyDOW.jpg
    Nice find, Spoons, and yes you did fine on the attachment. That is pretty scary in my opinion.......... For those not in touch with
    "Stikky Stock Charts", what Spoons is pointing out is called "broadening trend lines" which signal total disagreement between buyers and sellers. Furthermore, "if it ocurs after an uptrend, the most likely next move is down".............. Exactly what we have here is this broadening pattern following an up trend.............Uh Oh.

  10. #20
    SiriusBuzz is offline
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    removed 3.15 sell... watching like a hawk
    Charles LaRocca
    SiriusBuzz Founder

  11. Ad Fairy Senior Member
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