Posted this before markets opened, might have helped someone, my bad, .57-.59 range
Siri is sliding my friend. We will retrench back to .55 and maybe even test the .4 handle again. My original prediction of testing .3 handle looks a little bold at this point. If we break the .4 handle and the rest of the world continues to crack, that prediction might not be so bold. I have no position in SIRI and most of my positions are shorting the market through ETF's. I am looking to add to FXP, FAZ on any major pull backs. Depending the strength of the pull back, I would look to start a new position in SIRI with 5k around the .57-.59 range, but if we are sliding fast into that range I usually wait to pull the trigger and most of the time its the right move. GLA, DYODD. Long way off from .77 eh? IMVHO...if you pulled nothing off the table in the .7 range you were greedy....we all know what happens to pigs!
Big Ben
Relmor, what are you doing with SIRI, entering or exiting?