22 post, calm down newbie!Originally Posted by lloyd Handwerker
SIRIUS XM SATELLITE RADIO FORUM
22 post, calm down newbie!
Not so bad once you get to know me. Just do not ever unleash the dog on me please....
Well looks like Chrysler and Fiat just reached an agreement ok'd by treasury
Calm down Rman. Lets talk about Sirius. Its not the length of time but ones intelligence (:
I love this forum for the discussions on possible daily stock trading. I love the ignore list feature that this site has to offer. VoV was a pain, as I can see some other joining this forum are becoming.
If this stock follows the "BOWL" pattern that was discussed in earlier threads, we may get down to the .27-.29 range. The down turn won't last too long though, on the down side it recovered to same level in seven calandar days.
Well, it looks like it broke the wrong direction. I was expecting the sto and macd to blow off there tops today, and start a new trading range(but not see the highs again for days). Seems likes todays news killed that. So we will slowly have to build up again for that. No worries. As long as .32 cents holds, there is nothing in todays action that should worry anyone. If anything it reconfirms the .32 cent support held, and we can go from there.
See John, when a techincal breakout is coming, anything can shift it in any direction. TA supported a retest to .32 cents(as mentioned), or a new trading range to begin. If we had just one big buyer on Friday, might no be here right now. Any good news or neutral news, probably be seeing in the .40s right now instead of this bs.
Last edited by relmor2003; 03-30-2009 at 12:30 PM.
nice! ur sitting pretty good
wish i had the money to buy more :P
That bowl is not to be taken literally. Its a general cupping that matters. More important is the uptrend lines, and hitting off the 13 DMA. No reason to think those prices are in play. Close under .32 opens the door however. Lets cross that road when we get to it.
Just hoping it wont go too much lower during this next 60 days or so of the auto crisis because I will kick myself for not taking some profit and buying back lower.
Heres the real auto news of the day. As Bradon said, lower GM sales is good for SIrius, as long as a person buying a car, buys one.
http://finance.yahoo.com/news/Obama-...-14783196.html
Also, 60 days to get a better plan, Obama is saying your ok till then. Just cut more costs, shave some more salaries, etc... and then we can talk. GM isnt going anywhere.
