SIRI Intraday Updates for the Week of 3/16/09

Anyone care to speculate on closing price today. Just curiuos what others are thinking. .45 would be nice.

besides there is pressure building in the last 10 min ... will be unleashed soon. Hold on dont get cold feet now.

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Originally Posted by mcmaverick

Where can I look at those?

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Go to CNBC.com and top left plug in Siri in quote box,you will see options chain click on it,hit Jan 2010..That's what i use,there are many other sites tho..

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Originally Posted by rgentry

Anyone care to speculate on closing price today. Just curiuos what others are thinking. .45 would be nice.

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Not today!!! No way am I guessing on this pig again. Ill say .36 seems safe. And .45 probably the high end.

close today will be between 42 and 45. selling at .40 is a boo boo

damn the line is being drawn at .40 again, break that shit!!!!!

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Originally Posted by airman

besides there is pressure building in the last 10 min ... will be unleashed soon. Hold on dont get cold feet now.

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I'm with you... you can feel the wall starting to buckle......

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Originally Posted by relmor2003

5 day s & p chart shows a bullish crossover in MA's. SHould finish near right at open, or even for today. Resume uptrend tomorrow. Typical MM's. They dont want the retailers to realize the huge news today. INFLATION IS BACK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:D
See how evil the media is. They tried to play it as bad news.

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Come on, you would have to be an idiot not to know inflation was coming back. Who here didnt think that those stimulas bills paid for by the government with money they did not have was not going to result in inflation. Hell with Obamas deficit running at 12.3% of GDP. You are not only going to see it back it is going to be as bad as the Carter years. Then the fed will have no choice but to raise interest rates to try and stop it. which also lead to 11% interest rates.

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Originally Posted by winagain35

FYI - Not that this isn't a positive sign, but you should know that the calls that you're referring to are actually former XMSR calls and so it's not really 2.50 and 5.00. You have to divide by 4.6(the merger ratio) to get the actual strike price. Basically .54 and 1.08... These issues also don't trade like traditional call options since they're based on 460 share contracts instead of 100 share contracts... which is why the .21 premium on the $5 LOOKS so good, when you factor the 460 share contract though it's not quite as attractive.

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Thanks i thought that but was just pointing out increase in activity....

Looking strong right now. Gotta break down the .40 wall and march on forward.

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Originally Posted by rgentry

Anyone care to speculate on closing price today. Just curiuos what others are thinking. .45 would be nice.

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I will wait to make a prediction after 1:30 ... will be much clearer then

I know that is cheating :)

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Originally Posted by john

Come on, you would have to be an idiot not to know inflation was coming back. Who here didnt think that those stimulas bills paid for by the government with money they did not have was not going to result in inflation. Hell with Obamas deficit running at 12.3% of GDP. You are not only going to see it back it is going to be as bad as the Carter years. Then the fed will have no choice but to raise interest rates to try and stop it. which also lead to 11% interest rates.

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John, I agree with you. But i can show you a forum full of idiots who thought deflation would last into 2010, min. Yes, there are a lot of idiots out there, and they read the WSJ and Barrons. Im heavy into gold john, so I am a firm believer that long deflation is impossible, and an outright enemy of our system. Cant pay back old debts without inflation. Mathematically impossible. Gold is giving a huge buy in opportunity today. I took advantage.

My only prediction is it won't be the high for the day,probaably .38 if we don't break .40.or who knows then..

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Originally Posted by relmor2003

John, I agree with you. But i can show you a forum full of idiots who thought deflation would last into 2010, min. Yes, there are a lot of idiots out there, and they read the WSJ and Barrons. Im heavy into gold john, so I am a firm believer that long deflation is impossible, and an outright enemy of our system. Cant pay back old debts without inflation. Mathematically impossible. Gold is giving a huge buy in opportunity today. I took advantage.

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I agree with you on gold .... ok here is a crazy prediction gold 2011 will match the year it is in

ok maybe that isnt my prediction ... but a possible outcome with the things that are coming

Inflation has already been here,just go to the supermarket and compare the size of all food packages.EX:most ice cream use to be 2 quarts,now it is sold in 1 1/2 quart cartons at higher price.this is the way to keep it out of the news...check other products downsizing and price increases..
it's all a shell game...

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Originally Posted by JohnnyIrishXM

Inflation has already been here,just go to the supermarket and compare the size of all food packages.EX:most ice cream use to be 2 quarts,now it is sold in 1 1/2 quart cartons at higher price.this is the way to keep it out of the news...check other products downsizing and price increases..
it's all a shell game...

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The inflation that is coming is another animal all together though.

Hi, I think people lose their a$$ on gold. it's another ponzi scheme. You get hyped into buying raising the price and the guy before you sells sending it back down. The last ones in get left with nothing. Lets check back in Mar 2010 and see how you did. Gold goes up when everything else goes down. It just barely broke 1,000 during one of the largest economic downturns in history. Where can it go when everything else starts improving?

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Originally Posted by airman

The inflation that is coming is another animal all together though.

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I agree,Mortgages have to go to 8% or 9% next year.and Treasuries are in for a tough ride,with all that debt to sell...Fed is teetering on a major tight rope right now...

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Originally Posted by mogami

Hi, I think people lose their a$$ on gold. it's another ponzi scheme. You get hyped into buying raising the price and the guy before you sells sending it back down. The last ones in get left with nothing. Lets check back in Mar 2010 and see how you did. Gold goes up when everything else goes down. It just barely broke 1,000 during one of the largest economic downturns in history. Where can it go when everything else starts improving?

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No. Check the gold chart with the DOW from 2003 to 2008. You will see when Gold goes up, and the effects of that wave on inflation. Gold will go up with the DOW no problem, as long as they keep printing money, and debasing their currency. The huge jumps on gold will happen when the dollar index goes sub 80 again. When the flight to bonds , and cash ends, more of the will go into gold than last round of inflation, etc... etc.... As failure of the fiat system continues, and we have ever increasin budget deficits, gold only has one direction to go, up. Dont even get me into the supply problems in gold right now. Dont own the GLD long term true, this is a ponzi scheme, as I feel their is no gold there.
Never trade in gold futures until your one of the best traders or dont hold a margin. Thats a rough ride. Gold stocks move nicely with gold jumps however, and my preferred vehicle in gold.