Sirius XM January 2016 Thread - Happy New Year!

[waldo29]

In Autos, the inventory to sales ratio is getting a bit concerning. Been creeping up for the past 18 months, it at the highest since 2008. Still can go higher, but something to keep an eye on.

[midas360]

Thanks waldo!

In Autos, the inventory to sales ratio is getting a bit concerning. Been creeping up for the past 18 months, it at the highest since 2008. Still can go higher, but something to keep an eye on.

[MUSCLE13]

Look at the bright side. Stocks won't go down Saturday or Sunday

[MUSCLE13]

I don't think I have seen so much pessimism in the market since 2008 - 2009. That's one of the biggest reasons I am an ultra Sirius bull again for the next 5 years. That plus Howard audio and video!

I made a ton of money by going against the herd and investing back then. I am planning on repeating. Buy when there is blood in the streets

blood-in-the-street.png

[bdp.]

Once again the market opens green, and then the rug gets yanked. Of course I wish I sold the rest of my position when it was 4+, but isn't that always the way it goes? As far as market confidence, I suspect it is a case of putting as much downward pressure on all equities to make room for another substantial run. Where the markets were standing, it seemed much too high to continue upward IMO. I think there will be a bottom whether the China markets stabilize or not. Although this may be looking a lot like 2008 all over again, the mechanics and fundamentals involved are simply not the same or nearly as dangerous, once again, IMO. I do agree with Muscle and am looking for a point to load up. I can imagine we may see at the very least 3.65 before stabilization.

[user34615145]

Once again the market opens green, and then the rug gets yanked. Of course I wish I sold the rest of my position when it was 4+, but isn't that always the way it goes? As far as market confidence, I suspect it is a case of putting as much downward pressure on all equities to make room for another substantial run. Where the markets were standing, it seemed much too high to continue upward IMO. I think there will be a bottom whether the China markets stabilize or not. Although this may be looking a lot like 2008 all over again, the mechanics and fundamentals involved are simply not the same or nearly as dangerous, once again, IMO. I do agree with Muscle and am looking for a point to load up. I can imagine we may see at the very least 3.65 before stabilization.

Agree with your sentiment and also your observation that this is not like 2008 at all. Sure, there may be problems out there but they are a whole different set of problems than investors faced in 2008.

[waldo29]

Looking for a bit of a relief rally, 38.2% (3.92) retrace @ a minimum, roughly @ the 150/200 day. It may stall for a bit @ 3.86/3.87 (23.6%), but it should push through. Fib is your friend, all lined up for playing long and short.

[midas360]

Thanks Waldo!

Looking for a bit of a relief rally, 38.2% (3.92) retrace @ a minimum, roughly @ the 150/200 day. It may stall for a bit @ 3.86/3.87 (23.6%), but it should push through. Fib is your friend, all lined up for playing long and short.

[midas360]

I love this Israeli companies... 1 gigabit speeds over existing copper telephone lines. This is HUGE! Oh Yeah Baby!

http://venturebeat.com/2014/12/08/is...it-per-second/

[waldo29]

Oil has to hold a bid here @ ~30.50 (wti) 31.00 (brent), or we will have some additional selling on the equity side.

No strength in oil = no relief rally = no good.