Oh my gosh, SIRI just dropped below 62 cents. I bought a boatload. I hope that was a momentary drop and I get back out in a few minutes.
SIRIUS XM SATELLITE RADIO FORUM
Oh my gosh, SIRI just dropped below 62 cents. I bought a boatload. I hope that was a momentary drop and I get back out in a few minutes.
The most important thing is to only look at your cash balance, same as you do in your cash account, and you shouldn't have any problems, i take that back...Originally Posted by billhart22
The only caveat is say
if you started with $10000
Bought $9000 of SIRI and thus had some buying power
had $1000 in cash left
Bought $1000 AAPL, then sold $1000 AAPL - not sure if the cash balance would read $0 on that day, or $1000 - it should say $0, since AAPL hasn't cleared. But technically, you should be able to buy $1000 of something else right away anyway. I'm pretty sure cash balance is always cash that's settled. Like I said, I haven't messed it up... the 2 times I went over was when I used market orders, and I slipped a little into it... MB trading charged me interest (but your talking like $1), scottrade didn't since I corrected it the same day.
Watch this hand!Wow, almost 3 billion shares have traded hands so far.
Not bad for a company that only has 385 million shares outstanding.....
I wonder how they do that???
I have $0.636
The market is taking a little dump - mixed on decrease in job loss, but decrease in home sales. SIRI is listed... so plan accordingly.
Actually, since it's movement to the downside precedes stronger stocks, it's not a bad barometer for the rest of the market.
I gotcha now! I see how you play it now...good information.
SIRI is forming a larger pennant - and the ES (SP futures) were taking a breather, but still looking for upside.
That 0.70 resistance will be a tough one to break - SIRI had a smaller pennant and I advised on the other boards about a month ago not to play it because of that triple resistance...
We'll have to see where the market goes. Back in april, the folks on the other board were looking at the 200 sma, no mention of the pennant back then, now after several pennants, those folks started mentioning the pattern, and when that happens, it's more likely to fail, as it did last month, we'll see what happens to this larger one.
Need to see the volume on the major indexes at the end of the day, and how IBD and the rest call it.
I have another long term chart, and the two indicators I use for it are pointing a little down... but that's typical when this pattern forms.
LOL .... Ah man ... too funny, got totaly distracted during lunch here.
Picked up another 3 mil EVFL earlier (Etrade ...) and was thinking about flipping it, then my boss came back to chat ...
Candleman ... the shrub\spoke\ wheel ... it's all code so they don't drag their children over here ... I mean, so that the children don't invade our happy little home ...
Rat's meeting time ...
There supposed to be starting a stock buyback, if it doesn't happen soon, I'm going to take a bath on this one too!!! And I have serious dough on this one
Last edited by Alaska Guy; 09-24-2009 at 03:59 PM.
All in all, you won't hurt yourself if you sign up, and just keep an eye on the actual cash you have in hand... whether for that 3 days during settlement cash balance would read $0 or $1000...
at the end of 3 days, it's surely $1000, and I'm pretty sure it would read $0 during those 3 days... since you couldnt withdraw it until settlement.
When you go to your account tab though, it will have a lot of stuff in it... as you would then also be cleared to short stocks, and that adds money to your account. But again, if you don't go into margin, then there's no reason to confuse yourself. It made my head spin for a while...
in fact, I just looked, and cash balance is "total money balance" on the home page tab, right above "Total account value"
Man, I've been online all day, need to work, wanted to see where ASFX closed.
Thank goodness, market closed... I hope the ES starts a rally, I need to decide on what to cut here... PACR has been good to me, but it's just not going to the next level, and the market could dump, and it's listed.
If the market starts dumping, I'm going in on PMU - I may just go in tomorrow, judging from that chart, want to buy within yesterday's candle.
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