Line up your golfing buddies Johnny, because the next week or 2 are going to be exactly this...
Line up your golfing buddies Johnny, because the next week or 2 are going to be exactly this...
Trips, I asked TDA specifically this question the other day. While you cannot speciffically choose which shares you ssell when you place the trade order, you can send a "Versus Purchase Trade" notification to identify which shares you sold by one of these methods:
Fax a letter of instruction (LOI) to the Tax Team at 816-243-3769.
Email a LOI to the Tax Team at clientservices@tdameritrade.com with the subject line "Versus Purchase Trade."
Mail a LOI to the Tax Team at PO Box 2209, Omaha, NE 68103-2209.
You can do this for any trade at any time as long as it is before they have to provide tax forms to the IRS (which is sometime in the next January I'm assuming).
Revisiting the chart......
SIRI is trading between the middle BB (green doted line) and the 200 DMA (red line). The true middle being around .49 or so. I think SIRI may gravitate towards .50 and consolidate for awhile there until the 200 DMA comes into play again - the next time SIRI is more likely to bust through it though. Look at the 2 day takedown after the last rally and how it recovered in the days after that - I expect something similar this time. Eventually the 50 DMA will cross the 200 DMA..........
Last edited by Demian; 04-22-2009 at 03:26 PM.
Demian
Thanks for the chart and explanation...sure helps those like me who need to understand charts.
That is about the most dead on fair article i've seen about siriusXM to date..
Good posted link,should be true if we get retail and advertisments going along with profits...
also my reason for support of R/S if done in a strong position,hence profits and at least $2.00 sp
Demian, have you considered maybe a 1 or 3 month chart as more usefull? Considering the down action is more manipulated than the up action, and it went down so fast?
We'll probably see some shenansgins here at the close,2-3 milshare buy low,watch...