Man, just don't close below .40-don't close below .40-don't close below .40
Man, just don't close below .40-don't close below .40-don't close below .40
finally they are taking us into the red..mm's should drop dead at their keyboards.
I would be careful trading from here out ... such low volume. Buyers are drying up and smart money may be waiting to steal your shares. As the Q1 looms when it goes it may go to the moon and profit takers or traders waiting for the next small cycle may miss the big move that is inevitable. I dont think there is time for the smaller step-wise correction any more. There may be one or two more. But it will be hard to tell which one will make the big move till its too late.
I know that money can still be made trading but I fear alot will miss out on the big move.
The smart money has primed the pump(fear).
Last edited by airman; 04-23-2009 at 03:25 PM.
SIRI is "supposed" to have support at .42...........
Last edited by Demian; 04-23-2009 at 03:28 PM.
is that your 100 block .40? from UBSS?
Yes buying I think is good if you got it. it may take a few weeks but as the 50 meets the 200 and Q1 all around the same time it is a perfect storm ... or at least I hope.
Subs may not be up but hopefully that just means less cost because of less car sales(Isnt this right? there is an up front hit for every car that has a radio in it due to agreements).
Gotta find the silver lining
the swings here are getting crazy
I think we can pick up shares in the high 30s. IMHO. I am waiting for tomorrow. Todays swing was 14%...crazy.
I picked up 17,000 more today at .41 and hope to sell at open tomorrow for .45