Decisions, decisions (SIRI)

[Thomrich]

btw zica goes nuts today

[spikefader]

btw zica goes nuts today

of course it does...lol....the day after the competition closes! haha

[B.J]

Well, knocked out again... fell below the triangle edge. Kept it tight per discipline. Best wishes to those still in.

[Thomrich]

Greetings,

As of 12.30ET SIRI looks pretty coiled tight on my daily chart,it should break one way or another,my stop is set,and came close this AM.I may be following you out the door.

My hunch is that if it didnt crash on earnings,it might still have a chance,although MFI looks weak .

cordially Tom

[Thomrich]

Greetings,

Looks bad so far,like its being walked down a ladder,interesting to see if buyers come in at 6.80,looks like its going there soon.See ya soon BJ,

cordially Tom

[New-born baby]

SHORT the DOG

Greetings,

Looks bad so far,like its being walked down a ladder,interesting to see if buyers come in at 6.80,looks like its going there soon.See ya soon BJ,

cordially Tom

If you see it coming, just short the DOG and go on.

[spikefader]

...long SIRI 6.84...

Out for -.05 (-0.73%) and back into stalk mode. Weather has turned sunny and fine. No Tsunamis for now. That neckline break is ominous for bulls. Bearish bias for now. Sorry guys!

[spikefader]

oh, and that SHS targets 5.70ish for anyone hoping....

[Runner]

I see a caution flag on SIRI.

[Thomrich]

greetings,

Nice chart Runner,it looks like it make or break here at the 6.75 level.My stop is close and am prepared to let it go,unfortunatley upside from here doesnt look too good.

cordially Tom

[skiracer]

Take a close look at the daily vs the weekly charts. There is a big difference in what appears to be ascending triangles. The daily definitely looks like one. The weekly doesn't give the same appearance of the triangle as the daily. The daily has a definitel horizontal top line. I couldn't call that horizontal on the weekly. Runner's 60 min. chart is very close to the definition in the book but I don't use the 60 min. chart and really can't make a determination off of it. I really don't know if it makes a difference.

This just came across the wire. Bear Stearns just upgraded SIRI to outperform with a target of 9. Might just get some kind of a news bounce today, but I still think it is a trap right now. Watch the retail guys flooding into it on the news and the wiseguys will be selling off into what looks to be strength. Just my opinion.

[B.J]

I'd never buy an upgrade. ANAL-ysts are full of it.

[Peter Hansen]

SIRI Stock Signal Pro Says...

Stock Signal Pro says go LONG on SIRI at $6.90 and set STOP at $6.65. SIRI definitely would not pass muster with Mr Market , as this stock is highly speculative ....and not one to be in the portfolio of pregnant nuns, women and children!

[spikefader]

Stock Signal Pro says go LONG on SIRI at $6.90 and set STOP at $6.65. SIRI definitely would not pass muster with Mr Market , as this stock is highly speculative ....and not one to be in the portfolio of pregnant nuns, women and children!

Interesting; there was a new bullish hourly PSAR late yesterday, and 6.90 is the pivot today, and that stop is under good price support, so it's not a bad play at all.

[B.J]

Yeah, Spike, goes up the day after we dump it LOL!

I won't doubt what you're seeing, but this time it can take off without me. I have a couple other buys I'll mention in my thread.