Thank You Brandon,
It seems like the volume is by comparison so low and then once the regular market opens all bets are off from pre.....the are just setting the stage I suppose. I do not think I will ever totally understand the Market
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Thank You Brandon,
It seems like the volume is by comparison so low and then once the regular market opens all bets are off from pre.....the are just setting the stage I suppose. I do not think I will ever totally understand the Market
If you feel comfortable with this, then you should do it. Its impossible to answer this question for you, because only you know your risk tolerance. NOt how I would play it, but Ive already stated my play. Good to see what people are thinking, and how they will play the next few months to a year. If the question is will Sirius hit .55 cents , then yes, I feel strongly it will.:D
Hi, Well lets get this show on the road. Can SIRI buy Mogami a Harley in 2009? (You know those motorcycles come with radios nowdays)
IMHO, SIRI will continue to trend upward, slowly, until the next 'news' release on the company. Good news and she'll take a nice big jump up. Bad news or neutral news, she'll drop quicker than an Octomom litter (I love the octomom...what a great handle for that zany B$*CH!). I do believe that we'll see mostly positive news. Auto sales will start to improve this spring as credit begins to thaw. That will boost subs. Lets just hope the satellite launch is successful. If that missile blows up or something (happens all the time), then SIRI will be screwed for a bit, even if they have insurance.
I'm holding all SIRI for the long haul (and by long haul, I mean months, not a decade). I'm not a day trader, so I can't really help with the micro analysis which many on this board do so well. I'm learning a lot just reading the posts. Very interesting stuff.
And I need some new lumber to build shelves in my bar...
Good morning all - looks like Brandon's on top of the signals this morning... premarket looks interesting...
Relmor - do you think it will hold? or aren't we due for a pullback...
Newbies: I quickly caught someone was asking about the buy signals earlier in premarket. Just a tip - when brandon or relmor or demian or the others pass you really good info - open a notepad/word doc and save yourselves a note file. Here's what Brandon was referring to earlier:
Quote:
Posted by Mr. Matthews at an earlier date -Many traders believe that Market Makers will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one market maker to another.
* 100 I need shares.
* 200 I need shares badly, but do not take the stock down.
* 300 Take the price down so I can load shares
* 400 Keep trading it sideways.
* 500 Gap the stock.
This is a theory put forth by a lot of penny stock traders. This is not a guaranteed trading method but can lend some insight to communications.
Good morning everyone!!!
We are going to break out a little today to about .43 high,then close at .38 to .39.!! JMHO But tomorrow looks like back to a low of .33 for profits...
Enjoy the ride,buyers are here...
STill trending up to test .40 and .42 again. Shouldnt pull back significantly until that is done. The sucess of that test is impossible to answer. Eventually it will fall. It is approaching it slower, and that allows it to have a much better chance of breaking it and holding it.
My buy price is .32 cents. If it hits this price I would be a buyer. Above that, I would have to wait to see what happened at .40. Depends how the stock reacts. I would expect on failure to break this time, if it does, would result in another take down attempt, this one probably with lesser success that the last one.
Durable Goods Orders Unexpectedly Increase 3.4% in February
The number was much better than what economists had predicted, who were looking for a decline in durable good orders of 2.5% for the month. It was the first non-negative reading on the economic indicator since September.
I'll be buying also if it dips back to .32 tomorrow after a good runup today. Right now I have a buy in at .287 incase, again, something weird happens...
I think we have a sustained rise today with a breaking of the .40 wall tomorrow. Something in my gut tells me we'll consolidate good today and then break out tomorrow. Of course as with all things I could be wrong - I'm looking mainly at the peaks/troughs on the ten day.... and so far we're on trend...
I bought my last set of shares at just a few thousandths over .32 monday. I am glad I was close to where you're putting your buy price now - that gives me more confidence to move ahead... I now have a good core I won't touch and a separate block I will use to time peaks/pullbacks... so I think I'm looking now for my first sell point on the 15% block outside my core now. I'll be hoping for input from you/888's/Demian and the rest on that set...
But Jan was revised lower, so a net neutral
Mortgage apps were up big on refinancings. That is a sign of easing credit.
More money in peoples pockets means more new cars in driveways. I think thats why we are moving up. I think we will see an uptick in autos for March. Getting that yearly number above 10 million units would be huge, especially on increased installation rates.
The Joc Prediction -
I think SIRI will go to .32 plus or minus a bit, today, slowly rising again to .37 then close.
All in all, I predict a pretty stable day today and tomorrow. On Friday, I see things as less stable, and I predidct a small rise,to perhaps .385 or .39, but a pretty unpredictable ride.
Just my 2 cents.
Morning all..
Durable Goods = up = more positive economic signs
Remember .3748 is the previous close high. Closing higher than this will signal the next leg up. Intraday high is .3948. Breaking through this could also signal a breakout on the fly. Just two more things to look at.
At very least, basd on the last 3/4 days it's clear this SP wants to go higher. Yesterday's action was strong actual buying. One of the best core trading days we've had in a while and very bullish. Shows real interest in the SP beyond artificial covering or de rigeur manipulation. For me, I see us repeating the last recent scenario just higher. Shortly (this week) we should inhabit the .40's maybe hit .50 but still close in the mid-ish .40s. Then, there will be another mini takedown (intraday only) back to .33/.35. But short of any bad news, we hold .40 as the new floor...same secenario as the last .30s/.20s. IMVHO...:D
Any way you look at it - I think this turns out to be a good day - Thanks for all the analysis.....
Of course if we get another short panic....... I wonder how they'll affect this if it does pop high enough today...