SIRI Intraday Thread: Monday March 23rd

[relmor2003]

But its not inconceivable still to test Moving averages, on any long down turn in the market. They are slowing crawling up, but still are around the .20 cent area( 50 and 20 day). These would offer excellent support however, and probably why the .22 cent take down ended there. Based on that, I dont think a test to the moving averages is happening anytime soon. I feel a 200 DMA test is in the works right now, and we are slowly working our way to it.
Thats coming in now around .75 to .80 cents. If we hit this line, it would most likely trigger a decent to huge sell off. This is my last sell target price. I will then hold no shares until it retraces at least 16 percent, then I might add more at a 33 % retrace, and a 50% retrace.

[relmor2003]

Hey Demian, can you help some of the newbies out! What is the proper technical way to analyze that chart? To me, all I can say is that the trend is up, so it should keep going up lol...

Its when you are getting lower highs, and higher lows. This mathematically obvously cannot continue indefinately, as the lows and highs are "coming together". Usually on this point, there is a huge to decent break out(up or down.) It USUALLY follows the general up or down trend of the stock.

[killerkaul]

relmor...................... works for me ! ..killer.

[Demian]

We need the iPhone app out now!

What's the ****ing hold up?

[SIRIHILL]

You would think they would want the Iphone app out during spring break...hmmmm

[bananaz]

http://www.politicallore.com/economy...iri-bounce/692

did you see this?

It is an interesting report however, thinking I'd seen his name somewhere before, I checked his previous articles and, out of 15 listed, there were 7 positive articles on SIRI.

[choirgirl]

Hi everybody,
I just sold some stocks into the rallye (AA,MET,LVS,AZ,CVX,HL) and bought 20k more of SIRI. I am sitting on a lot of cash now and to be honest don't know what to do right now.
Any advice guys ?

[bananaz]

We need the iPhone app out now!

What's the ****ing hold up?

I am not iphone savvy so please bear with me. If you have browser access to the internet over it can you listen over the sirius website now, until it comes out?

[Beach Gambler]

Hi everybody,
I just sold some stocks into the rallye (AA,MET,LVS,AZ,CVX,HL) and bought 20k more of SIRI. I am sitting on a lot of cash now and to be honest don't know what to do right now.
Any advice guys ?

Give it to me :O)

[kingadrock666]

not sure if it's been posted yet, but here's a new article on seeking alpha.

http://seekingalpha.com/article/1272...n?source=yahoo

5 Reasons to Anticipate a Sirius XM iPhone Application