SIRI Intraday Thread: Tuesday March 24th

.36!!!! :d

Quote:

---

Originally Posted by mogami

Hi, We are definitely outside our normal pattern today. Perhaps this is the triangle breaking out on the upside?
To conform to the existing pattern we would need to go down to just over yesterdays close

---

MOG - check out the 10 day chart and see if you get what I'm seeing - pretend the 2 day super bubble isn't there and you should see the overall base trend at the peaks/troughs....

We might hit .37 or so then level out today .... with a gradual trend upward over the next few days if the support is there..... JMHO

Quote:

---

Originally Posted by relmor2003

7800 coming...
7800 and anywhere between 7900 I see the rally failing. Tomorrow then would open down, and stay down, or reverse late day. Thursday we resume main markets north.IMVHO.

---

do you think tommorrow will be down since obammy is talking tonight

Quote:

---

Originally Posted by Paratrooper_Rick

MOG - check out the 10 day chart and see if you get what I'm seeing - pretend the 2 day super bubble isn't there and you should see the overall base trend at the peaks/troughs....

We might hit .37 or so then level out today .... with a gradual trend upward over the next few days if the support is there..... JMHO

---

Rick, this confirms it. we have NO lives outside of SIRI

BAM!!! and there goes .36:)

Quote:

---

Originally Posted by Hopeful

.36!!!! :d

---

ask and you shall receive:cool:

pillfreak go find a political forum, and leave the politics out of here.

Quote:

---

Originally Posted by Beach Gambler

Rick, this confirms it. we have NO lives outside of SIRI

---

You're right - but as long as I end the day with more money - it will be O.K.

Quote:

---

Originally Posted by relmor2003

7800 coming...
7800 and anywhere between 7900 I see the rally failing. Tomorrow then would open down, and stay down, or reverse late day. Thursday we resume main markets north.IMVHO.

---

Good point...

Santelli just reported a healthy 2yr auction = potential flight to saftey in his humble opinion...

If this rally fails, sidelines money will let it. Could be the strategy cause now they see the next big step is higher but now they missed a big 1000pt chunk. They could let it fall to get in around 7000...then we scream higher (9000) as the money floods in and shorts run for freaking cover..

Economic metrics all pointing higher. If this Thursday's jobs report shows more improvement, 7000 will be a pipe dream for sidelines money.

Quote:

---

Originally Posted by sl62

dmo..

sorry..had to address something...if I read you right, besides an existing long postion still underwater, you have a side position that currenty has a gain. And you have a broker that designates or sorts shares by cost-basis...someone else brought this up last week. I use Scottrade and shares I buy of the same ticker at different cost basis' are up to me to sort as I see fit. Given your question I can apply the sale to loss (underwater CB) or a short-term gain but my broker does not designate it as yours might. If you need to tell the broker which shares to apply the new sale, it just depends on your trading status, the extent of the full 3K loss you might still want to claim on your Schedule D (if not a day trader mark-to mark status), or if you want to add to your top line overall in a given reporting year. All personal decisions that have to make sense to the investor. I may be reading you wrong, but if right, that's my take...

Strong action today gents (and ladies).. :cool:

---

SL - How do you like scottrade? I've read all the positive notes about TDA so was going to move there but was curious as to your thoughts on them.