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Thread: SIRI Intraday Updates for the Week of 10/27/08

  1. #1
    SiriusBuzz is offline
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    SIRI Intraday Updates for the Week of 10/27/08

    Hopefully this week will be better then the last.
    Charles LaRocca
    SiriusBuzz Founder

  2. #2
    Demian is offline
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    Quote Originally Posted by SiriusBuzz View Post
    Hopefully this week will be better then the last.
    I hope it's better THAN the last too.......

    The market is sharply down this morning as SIRI spiked at the open to .33 and seems to be holding higher....I like it!

    SIRI just broke .33 - .34 - now .35 !!!!!
    Last edited by Demian; 10-27-2008 at 09:47 AM.

  3. #3
    Demian is offline
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    I have seen no SIRI news this morning - as SIRI is now up over 23% @ .36...

    Amazing how a stock can move up when it's so oversold and shorted.....

  4. #4
    chewbaccamonkeylunch is offline
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    here's to a good week! Do we have a low from last week? I was thinking the bottom was .21 or .22 on Thursday.

  5. #5
    Demian is offline
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    SIRI Pivot Table for Today
    R2 R1 Pivot S1 S2
    0.38 0.33 0.27 0.22 0.16

    Can we break R2 .38?

    If we do, it's off to the races....

  6. #6
    SteveSirius is offline
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    Friday was a day which, to me, SIRI showed relative strength when the market was floundering downward; then Mel appeared on an automotive talk show and seemed rather upbeat on OEM subscriptions. Then today, the financial news on the radio suggested that credit in the financial markets was loosening up. As we are all too painfully aware, SIRI will need financing in 2009, and so, perhaps this loosening up of the credit markets will increase market sentiment towards SIRI stock - that is if the "loosening" shows itself to be real in the near future.

    I, for one, am starting to feel a little more optimistic - guardedly so!

  7. #7
    Demian is offline
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    Quote Originally Posted by Demian View Post
    SIRI Pivot Table for Today
    R2 R1 Pivot S1 S2
    0.38 0.33 0.27 0.22 0.16

    Can we break R2 .38?

    If we do, it's off to the races....
    SIRI is now hovering just above R2......it's looking good, unless this is another fakeout?

    Looking at the chart and trendlines, .40 (the high of Oct.20th) seems like a significant wall to cross....

    And SIRI just broke it as I was typing..........

    Can you say "breakout"?

    I'm pretty much all in now with my last buys being at .27 and .38........

    SIRI is now up over 40% today.......
    Last edited by Demian; 10-27-2008 at 12:03 PM.

  8. #8
    Demian is offline
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    SIRI pulled back and retested R2 and then bounced off of it - a good sign! Now it's got to retest that .40 - .41 wall again. If it busts through that, it's total breakout time......or another head fake?

    The volume on this move seems to confirm a reversal to the upside with 50 million shares already traded today....

    I see two solid white candles on the daily with the next wall being around .50.......
    Last edited by Demian; 10-27-2008 at 12:46 PM.

  9. #9
    Demian is offline
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    SIRI is now testing it's previous HOD and it will be a significant wall to cross.

    It just broke out!

    Off to the races......this is total breakout short squeeze time!

  10. #10
    Demian is offline
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    SIRI is testing the previous wall again.......if .40 - .42 can hold, it will be another good sign. It's still in it's daily uptrend......

    Looking good with heavy volume..........62.5 million.

    Was this all a head fake?

    Oops, just broke down to .40.........please hold the line baby!

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