I know. I read your post.Quote:
Originally Posted by TSavery
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I know. I read your post.Quote:
Originally Posted by TSavery
Back up to 43 with 2.5 hours to go.Quote:
Originally Posted by Siriusowner
So ? That does not break the trend or any other indicator.Quote:
Originally Posted by SiriuslyLong
Look at the chart. The strong white line @ 0.35 is major support.
Notice how the stock bounced off 0.42 feww days ago. This may provide a weak support. If it bounces off 0.42 then it becomes a stronger support.
Down goes SIRI, down goes SIRI. Yeap, it looks like we are on our way to the 30's. Ruby Tuesday's is kicking ass though.Quote:
Originally Posted by Siriusowner
i still think the floor will be .40-.42
Unfortunately, this seems to be the retracement everyone was waiting for. The S&P 500 has retraced about 7.3% from the 950 level.Quote:
Originally Posted by SiriuslyLong
There seems to be some support at this level (880 on the S&P 500). If it gets broken, the next stop is 840-860. At 840-860 there's the 10 % retracement, lets hope it holds...
Otherwise.... you can figure it out.
Based on what ?Quote:
Originally Posted by trippingthespeculatingpos
crystal ball.....................................
We need much more stimulus money?Thank you Joe Biden! Let's see if we can blow through 8000 and back into the panic of a 7000 Dow. On the bright side, once Sirius gets back to the low 30's, will be yet another, and possibly the final great discount buying opportunity for long players. I think the market may be in for a very rough next few weeks.
That is not very reliable, right ?Quote:
Originally Posted by trippingthespeculatingpos
I'd say rough months...not weeks, months.Quote:
Originally Posted by bdp
inside of my crystal ball is a chart with the 6 month macd, the ball says its just leveling off before its starts to point up again.
Buy the current "Actrive Trader" magazine. There's an article about the 3 best indicators. MACD is not one of them, in fact MACD is a laggard laggin indicator and it gets worst if you pick the wrong periods.Quote:
Originally Posted by trippingthespeculatingpos
But that's cool, if that is your crystal ball then I have a better one. It's called prophet from TOS.
dont worry so macd has worked well for me if you go long term not for day trading like u do, and history with siri would tell you my crystal ball is much better than siriuswannabeowner's prophet from tos. just go back and look at how s.o. bashed siri in the teens when i was saying buy, of course he is a "swing trader" he thinks its sexier than being an "investor"
Royalty rates no longer an issue for ad support internet radio after new agreement was reached
http://www.techcrunch.com/2009/07/07...ly-been-saved/
Ok. I bought SIRI at .12 remember ? Got out at 0.19, then got in at 0.21,got out at 0.35, got in at 0.32 got stopped when there was a weird trade about 4 weeks ago, got in at .35 got out yesterday @ 0.46... about a trade per month or so. As you can see I did not trade at 0.60 or 0.05, I tend to miss the tops and bottoms but most of the time I make more money than buy and hold.Quote:
Originally Posted by trippingthespeculatingpos
So havin' said that, if you know the stock will go down to 0.35, why not sell right now and buy at 0.35 or at least below 0.42 ???
1.- YOU know the stock WILL NOT stampede to the stratosphere right now. So you will not miss anything.
2.- YOU will lose time NOT making money, in other words, you ride the waves, up and down instead of riding them only up or only down.
3.- AGAIN, you should get out right now. IF the damn issue does not go down more tomorrow, then it will the following day or maybe in 2 days or perhaps in one month, THEN you jump bak in. What is wrong with being in cash while waiting for the right signal.
MOST important: do not grow attached. They are supposed to make YOU money. If they are not making you money, dump them, or at least take advantage of them by riding them one way only.
I agree, but the start of 2Q2009 announcements may or may not have an effect. Last quarter, better than expected losses (key word here) triggered breakouts for many companies (like Ruby Tuesday's for example).Quote:
Originally Posted by Siriusowner
Right now the market is incredibly bearish. As some have noted, Biden's stupid comments may have helped the cause, but the real kick in the ass was the job loss report last week. It's probably going to get worse as companies continue to downsize to meet demand. Right now I am enjoying a manditory vacation (not!) as are many of my colleagues in the plastics and composites industries. Nothing is happening - period.
2Q2009 results are going to suck for everyone. The dow will most certainly see 7000's again. I have too much hope to say it won't go into the 6000's, but there is little in the way. This makes it really hard for people to be bullish on SIRI.
ur not wrong so, i just dont think its a given that its going to .35, specuially since siri likes to play games. i am close to selling and taking my profits and waiting for a further pullback. but i dont want to sell until it rebounds upo a bit which im sure it will before we get a break of .40, at least a rebound to .43, .44 .45 would be nice dunno if we can break .45 on a dead bounce
. I think I've pulled ahead with this post . . .[/QUOTE]
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Naw. We are even until this little send off. Tell that kid I want to be his agent.
p.s. Are you bullish or bearish on siri from here??????
Quote:
Originally Posted by SiriusBuzz
Wrong charles,the agreement is much better for SXM,because web radio still has to pay .08 a song OR 25% of revenue whichever is greater..Which means that services like slackdora will never be profitable enough to compete,as SXM pays 12% of gross revenue..Game over as competition,but they'll survive as free niche markets type music services for a while,until they start charging subs for it...