SIRI Monthly Thread October 2015 (with NFL Chat)

[user34615145]

I know there are more if someone wants to take the time to search and add to the list.

That's a phenomenon that happens about once a week.

First this happens: https://www.youtube.com/watch?v=L8d9pBvtr8s

Then This happens: https://www.youtube.com/watch?v=jlIMmuMQozc

[midas360]

Suicide by banning seems like a popular one these days. Faulkner committed a form of "Forum Suicide" by asking Sirius Buzz to delete all his posts and deactivate his account. Then you have the ones (DM_4) that antagonize and call everyone names including the admin hoping they will get banned. Then you have the ones that call everyone morons, leave, and then come back when their investments are doing well. (Muscle). hehe Even to this day, I wonder what Faulkner's goal was in having SB delete all his posts. I guess he thinks he was punishing everyone by doing it. He was taking his ball and leaving. HAHA

You see how when the trouble makers (dm_4) leave, the forum is calm. However, as soon as he arrives, the trouble starts. (name calling and everything). I think it was User that said it best back a few months ago. I will have to find it (Open Letter). Perfect...

Edit: The trouble maker I am referring to is dm_4

I know there are more if someone wants to take the time to search and add to the list.

[dm_4]

Suicide by banning seems like a popular one these days. Faulkner committed a form of Forum Suicide by asking Sirius Buzz to delete all his posts and deactivate his account. Then you have the ones that antagonize and call everyone names including the admin hoping they will get banned. Then you have the ones that call everyone morons, leave, and then come back when their investments are doing well. (Muscle). hehe

Strange how you seem to have that effect on people isn't it? Ugh!

Suicide by banning seems like a popular one these days. Faulkner committed a form of Forum Suicide by asking Sirius Buzz to delete all his posts and deactivate his account. I wonder what Faulkner's goal was in having SB delete all his posts. I guess he thinks he was punishing everyone by doing it. He was taking his ball and leaving. HAHA

You see how when the trouble makers leave, the forum is calm.

Yeah Charles, Midas raises a great point does he not?...see how much calmer it is without that trouble maker SF? God that SF was such a dkhead troublemaker wasn't he Charles?...thank god he is gone!! WHEW! I mean SF just loved to insult everyone and call everyone names. I mean chit how many times did you have to send SF off to Sirrius Buzz Rehab Charles?...I'm gonna guess prob at least three or four times right???

[midas360]

I love those videos. HAHAHA So true. HAHAHA

That's a phenomenon that happens about once a week.

First this happens: https://www.youtube.com/watch?v=L8d9pBvtr8s

Then This happens: https://www.youtube.com/watch?v=jlIMmuMQozc

[denco1]

Morning All, my first image upload with the "snipping tool"...thanks for the tip Waldo

SiriCS.jpg

Definitely faster process..

[waldo29]

Little pattern developing on the daily SnP off the reversal. I'd like it to take out the 9/17 false breakout high to negate it, thinking it still will. Just something to pay attention to.

Not a lot of time to post in the next 4 days, on the road again.

Hedges are off from mid day Friday. We probably have a 75-80 SnP points to the rally from the Friday close. We need to stay above 1930 to repair the damage. Still volatile and headline driven, longer we stay above the better. Edit: The only thing that has not taken back support is high yield. High yield is concerning, but it does not mean the SnP can't rally while credit and equities diverge for a while. To validate the rally, we would need credit to follow suit eventually. If we re-test the SnP false breakout high and credit has not gotten back in line I would be a bit concerned.

SIRi will have to wait post CC to complete a re-test if its going to happen.

SnP resistance @ 2020 (false breakout high), only 70 points from the Friday high (whoops). We are still a bit overbought generally speaking, need a little back fill while some earnings are digested and oil takes a break from the run. China is still broken, but the PBOC seems to have their arms around it for now. Brazil, is not out of the woods until we get a sustained rally in oil, break, test and hold 50. I think we get one more push to the low 40's on WIT. Should see some support @ 44.50-ish

One thing to note, small caps hit resistance at the trend line. Until they follow suit (SnP, Dow, Naz and Tran.) still need to be on alert. Market is overbought, so this little pull back is expected.

[trade] SIRI may break 4 on earnings, but will likely miss on one key metric. Take your pick, same style accounting tricks management will be applied. My guess is they will pick FCF to come in light this time around, but it will still be strong. Subs will obviously beat, EPS will be inline. If the initial reaction is up [big], and breaks through 4.04, its a sell. You'll know when it tops. I own no shares but will be selling for a trade if this occurs. Cover in the high 3.80's, with a stop [you guessed it] .05 out from the sell. Obviously this assumes we hang around the mid 3.90's in to earnings day.

Buyback funds should be getting low, so we should be looking for a new issuance soon. The revolver should be short term funding only. I don't expect to hear about it on the CC day. But it should be soon after or else they won't be able to participate as much as the might like out of FCF only.

[user34615145]

Morning All, my first image upload with the "snipping tool"...thanks for the tip Waldo

SiriCS.jpg

Definitely faster process..

Thanks for the post denco....I'm not real sure what all of it means but I see rising triangles so I assume that's good, yes/no?

Waldo follows up with a "If the initial reaction is up [big], and breaks through 4.04, its a sell." which seems to be corroborated by your chart?

[denco1]

Thanks for the post denco....I'm not real sure what all of it means but I see rising triangles so I assume that's good, yes/no?

Waldo follows up with a "If the initial reaction is up [big], and breaks through 4.04, its a sell." which seems to be corroborated by your chart?

Morning User, just one possible range it could be trading in for now. 3 hits on both trend lines so far creating a rising wedge/triangle. Curious to see if we stay in this range up to CC.

[denco1]

CowBoys switching to Cassel after bye week....

http://espn.go.com/dallas/nfl/story/...wboys-bye-week

[siriusly_invested]

Thanks for the post denco....I'm not real sure what all of it means but I see rising triangles so I assume that's good, yes/no?

Waldo follows up with a "If the initial reaction is up [big], and breaks through 4.04, its a sell." which seems to be corroborated by your chart?

Wow, I must say that Waldo has offered a whole lot of wisdom in his analysis. Likewise for that chart from Denco. I have a basic problem however, and that is I apparently have suffered a major brain fart, or else I need to add more wisdom food to my diet.

Honestly, Denco I recall your use of that chart over the past couple or three years, and at one time I attempted to understand how to read it. I think I'm ready now for a refresher; not that I need to have you explain it, but if you can please remind me the name of it and remind me where you obtain the image, maybe I can do some homework and learn how to interpret what you are showing. I think it must be a version found at stockcharts.com, but I need a reminder.

And then, once I learn again how to reap the benefits of that chart, perhaps I can apply it to what Waldo has said.

Thanks to both of you for that wisdom.