That is the one thing that will take Sirius XM down to levels no one wants to see.
Originally Posted by bdp.
SIRIUS XM SATELLITE RADIO FORUM
That is the one thing that will take Sirius XM down to levels no one wants to see.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
After a day of research, it is my conclusion (in my opinion of course) that it is the sinking price of oil that is having the great majority of the effect on the market. It may be that oil is tied to the credit markets much more than anyone will currently let on. So what I am going to do from here on out is base all my trading on the price of oil and ignore most everything else.
I can't help but wonder what the true agenda is behind not regulating output? Certainly it can't just be an attempt to destroy the US shale oil production industry... Isn't that like cutting off your nose to spite your face?
Paranoid much? lol. I find it hilarious i make one comment regarding "2.75" which you actually remarked about first and it somehow turns into a bdp/DM4 conspiracy theory against midas lol. Good stuff...funny as hell!I get the impression today's posts were a setup between you and DM? You bait me asking what I think and like clockwork you and DM attack right on queue. Amazing.
Then you toss a few softball posts to him while calling me names? It's like grade school all over again.
Anyway just noticed volume today....imo its safe to buy here. Large volume...indicative of shares buyback. Will run north heading into earnings.
Good luck all.
Careful with all this 2.75 talk, I bought a can of Pledge... Think of dusting it off. Not quite yet, but I got what I was looking for today.
Still short @ 4.10
Everyone sees what a trouble maker you are just by going back thru this month's thread. When your gone, things are fine. When you arrive, the forum turns to crap. Your affect on BDP is quite impressive
@bdp... i recommend you stay clear of him. He's nothing but trouble.
Last edited by midas360; 01-16-2016 at 01:12 PM.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
If it hits $2.75, you will be the man. Hitting 2.75 before Faulkner's 3 year call of $5 would be hilarious. HAHA
Last edited by midas360; 01-16-2016 at 01:13 PM.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
calling for it to go from 3.18 to 2.75 he will be the man?? lol. Didn't it go from 3.18 to 4.25 first? Now if the call would have been 3.18 to 4.25 then to 2.75 and it actually happened...then you could have colored me impressed!
As far as time frames go since you mention SF's 3 yr call...wasn't the 2.75 call suppose to happen in like 3 months? Yet here we are well over a year after the infamous call and we are still no where near 2.75....just sayn
Last edited by dm_4; 01-16-2016 at 08:30 PM.
Lots of dust on that call...may want to buy 2 cans.
Concur: But it's not just oil, high-yield bonds and the monetary policies of the ECB, Japan, and Chinese central banks all are adding fuel to the fire. But certainly, the price of oil is the main culprit right now because of it's high correlation of other asset classes
According to an article in Barrons this week, high-yield bonds are now 85% correlated with the price of crude oil, versus 23% a year ago. And even the S&P 500 has about a 50% whereas it used to be almost nil...In fact there have been times in the past when I invested in oil/oil related as a hedge against the S&P. Now that's not possible.
The lower the price of oil gets, the greater the impact on High Yield bonds because of their exposure to highly leveraged oil patch producers.
Things have only gotten worse since the Fed's raised rates in December, while at the same time the Chinese sold off as they tried prop up the yuan which, in turn has added selling pressure to the Chinese stock market which, like dominos, has a contagian effect on other world stock markets including ours.
Now here comes Iran, gonna add another 500k barrels of oil a day and our Administration practically begged them to do it...paying off billions in "debts" to Iran and releasing scores of criminals and terrorists. I lived through the Carter years and I thought that no one could be more inept than Jimmy. Man was I wrong.
Yes. You are comparing apples to oranges when it comes to the dates at which each calls were made. Faulkner made his call many times and put time frames on it too. Hasn't happened.
The chances of $2.75 coming are much better now in this environment. Waldo is probably by far one of the best trader's if not THE BEST in this forum.
calling for it to go from 3.18 to 2.75 he will be the man?? lol. Didn't it go from 3.18 to 4.25 first? Now if the call would have been 3.18 to 4.25 then to 2.75 and it actually happened...then you could have colored me impressed!
As far as time frames go since you mention SF's 3 yr call...wasn't the 2.75 call suppose to happen in like 3 months? Yet here we are well over a year after the infamous call and we are still no where near 2.75....just sayn
Last edited by midas360; 01-18-2016 at 12:20 PM.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
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