SIRI Intraday Thread: Friday March 20th / Weekend Edition

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03-20-2009, 12:16 PM
sl62

Quote:

Originally Posted by john

dmo, he still sold to early, remember it did go as high as .43. As a matter of fact I dont know why he bought back so soon if he sold at .30 he had to feel it was going to go even lower then .27. So while he can take credit for calling a big pull back I dont think it is at the point he originally thought it would be.

888's..

Correct. No offense to Damian, but to sell at .29 then buy back @ .27 (after it it .435) is more luck than skill. And for the record, I'm happy he has this chance to rebuy...:D
03-20-2009, 12:17 PM
killerkaul

Paratrooper Rick.......................... just got your e-mail / thanks. Yes to your question. However, have never been an E-mail kind of guy, time constraints/lousy typing skills............... so would prefer this forum............. thanks and best wishes on your trades. I enjoy your posts and find them informative, helpful, and upbeat. ..... killer and the Dog.
03-20-2009, 12:17 PM
Demian

Quote:

Originally Posted by Keiser34

I was not happy when Demian predicted a decline in price a few days ago however he was dead on so congrats on your accuracy. Looking forward do you think this is a bottom being established?

Yes I do think a bottom is being established. The take down yesterday was to .22 and the take down today was only to .25. There is a big gap in the chart at the open that needs to be filled so I predict SIRI goes to at least .31 intraday and closes at least over .30....
03-20-2009, 12:20 PM
john

unnecessary comment removed
03-20-2009, 12:20 PM
R-U-Sirius

Quote:

Originally Posted by RU Sirius

To expand on my last question.....I see a bunch of large lots on the ask side right now and very small lots on the bid side.

In general is this going to make the SP go down b/c there's lots of people wanting to sell and not many wanting to buy?

I just don't understand how the bid/ask end up matching to make a sale I guess.

I thought someone logged in under my name when I saw your post.
03-20-2009, 12:22 PM
john

Quote:

Originally Posted by sl62

888's..

Correct. No offense to Damian, but to sell at .29 then buy back @ .27 (after it it .435) is more luck than skill. And for the record, I'm happy he has this chance to rebuy...:D

Me to as I said a while back to you guys about playing around with your whole positions to watch it because I would hate to see anyone that has been in it for so long get burned, remember what I said over at SA
03-20-2009, 12:22 PM
airman

argument deleted.
03-20-2009, 12:23 PM
Demian

Quote:

Originally Posted by john

dmo, he still sold to early, remember it did go as high as .43. As a matter of fact I dont know why he bought back so soon if he sold at .30 he had to feel it was going to go even lower then .27. So while he can take credit for calling a big pull back I dont think it is at the point he originally thought it would be.

I did sell to early but I didn't chase it up as I felt that was too risky. I didn't see that blow off top coming, but I sure as hell wasn't buying up there. Can you predict the movements in the chart exactly? I bought today mostly because of technical reasons.....they showed me that there was support at .27 and that it was going to take off.

I was able to add shares to my original position with the cash from selling at a higher level...

I don't pretend to be a market guru.....

I've made tons of mistakes....
03-20-2009, 12:25 PM
Sundevil

Quote:

Originally Posted by Sundevil

OK, OK...breathe...Looks like the sellers are thinning out up to about .29...We should see a small rally back to those levels during our daily 1:00pm shift.
Buyers were about half of sellers this morning, now they are about a third...Good sign.

Well, well, well...I must say, in the words of the great BM, "I called that one!", oh except for being an hour early...(I forgot to change my clock for Daylight Savings time!) LOL>>> :boxer:

Don't ask me what the hell it does from here!

Siriusly, It's good to see ya back Brandon...I'm a little envious of your journeys!
03-20-2009, 12:25 PM
trippingthespeculatingpos

http://www.investopedia.com/universi...ts/charts8.asp

also known as an exhaustion gap, i shouldve saw the pull back at the point but bleh i thought we had .50 coming first. Next time ill know better :o

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