Decisions, decisions (SIRI)

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  • Websman
    Senior Member
    • Apr 2004
    • 5545

    Originally posted by Websman
    I believe it will. The question is when?
    Oh yea...I also liquidated my SIRI position. I decided to protect my excellent gains, I've already made.

    I am now in cash.

    Comment

    • spikefader
      Senior Member
      • Apr 2004
      • 7175

      Guys I see today that there was a channel short and there is the channel turn down. I am moving stop to even now and will look to exit at R2 intraday. There will be better times to be long SIRI. Just not now.

      Comment


      • This is my chart check up on SIRI. Blue arrow long would have been the best play, but several other buy signals were given along the run. Notice the RSI as it surged into overbought territory. Just like many stocks the ADX has been getting weak for some time. I think it may be possible for a bounce off current prices bases on STO showing a hook-up. Todays action will give better signal. I would become bullish on this stock if it can close above 7.80.
        Any comments on this check-up?

        Comment

        • lak
          Senior Member
          • Sep 2004
          • 124

          Originally posted by Websman
          Oh yea...I also liquidated my SIRI position. I decided to protect my excellent gains, I've already made.

          I am now in cash.
          The Evangelest is out! Head for the Hills!
          Gotta love the big board!

          Comment

          • Websman
            Senior Member
            • Apr 2004
            • 5545

            Originally posted by lak
            The Evangelest is out! Head for the Hills!
            Yes, I have backslid...I am no longer faithful to SIRI. I believe SIRI is in for a correction, before it goes back up.

            GO DOWN SIRI..........GO DOWN!!!! BWHAHAHAAAAAAAAAA!!!!

            Comment

            • Jaws57
              Senior Member
              • Dec 2003
              • 100

              Siri

              Originally posted by Runner
              I think it may be possible for a bounce off current prices bases on STO showing a hook-up. Todays action will give better signal. I would become bullish on this stock if it can close above 7.80.
              Any comments on this check-up?
              Looks like we got the bounce, but with the good news from Ford I would have thought more upside and more volume, on the other hand it was up on a decidedly down day for the market.
              I am already in long but I am not going to add anything right now.

              Jaws57
              Jaws57

              Comment


              • Not for sure, but looks as if SIRI has set up off an inverted head and shoulders?

                Comment


                • Oh well that did not work right. I thought that we may have been getting a bounce in the market...

                  Comment

                  • New-born baby
                    Senior Member
                    • Apr 2004
                    • 6095

                    Siri Video

                    Webs,

                    Well, where are all the buyers? Drudge reported today that SIRI is going to incorporate video into their units in 2006. Time to invest?

                    Have a great year in 2005.
                    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                    Comment

                    • Websman
                      Senior Member
                      • Apr 2004
                      • 5545

                      SIRI definitely has some great news and a very bright future. This is going to be a huge and successful company. I fully expect Sirius to surpass XM in subscribers, because of the fact that they are much more innovative company. SIRI will eventually be hugely profitable.
                      All I need is a good correction and I'll get back in. I still think it's overbought at this point.

                      BTW...I now have 2 Sirius receivers and haven't listened to FM radio since I've had them.

                      Comment

                      • spikefader
                        Senior Member
                        • Apr 2004
                        • 7175

                        I notice a very small and insignificant channel long yesterday. Wondering whether we should buy that..... If we were to, the pivot today at 7.57 would be the play. Maybe I'll just watch it and contemplate more. Maybe wait to chase a channel turn up???? It's just hard to be aggressive right now. I prefer to enter on weakness.....give myself an edge.

                        Comment

                        • Websman
                          Senior Member
                          • Apr 2004
                          • 5545

                          Originally posted by New-born baby
                          Webs,

                          Well, where are all the buyers? Drudge reported today that SIRI is going to incorporate video into their units in 2006. Time to invest?

                          Have a great year in 2005.
                          Ever heard the saying, "buy on rumor, sell on news"? I say it's overbought. I'll buy SIRI at $6.

                          Comment

                          • Websman
                            Senior Member
                            • Apr 2004
                            • 5545

                            Originally posted by Websman
                            Ever heard the saying, "buy on rumor, sell on news"? I say it's overbought. I'll buy SIRI at $6.
                            ...or $7 lol

                            Comment

                            • Websman
                              Senior Member
                              • Apr 2004
                              • 5545

                              Originally posted by spikefader
                              I notice a very small and insignificant channel long yesterday. Wondering whether we should buy that..... If we were to, the pivot today at 7.57 would be the play. Maybe I'll just watch it and contemplate more. Maybe wait to chase a channel turn up???? It's just hard to be aggressive right now. I prefer to enter on weakness.....give myself an edge.

                              Watch those emotions Spike!...lol

                              Comment

                              • spikefader
                                Senior Member
                                • Apr 2004
                                • 7175

                                Originally posted by Websman
                                Watch those emotions Spike!...lol
                                Every day!
                                Looking closer at it, there ISN'T a channel long!! I will chase the next channel turn up then. Whew, glad THAT's settled

                                And the weekly channel from the recent top is clearly bullish. This thing is whispering it's going higher! Go SIRI.....time to rock.
                                Last edited by spikefader; 01-06-2005, 01:54 AM. Reason: added comment on weekly chart.

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