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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Dave Gore who wrote (846)6/9/2001 1:06:15 AM
From: Doc  Read Replies (1) of 1227
 
I would be cautious on SIRI near-term Dave. Yes I agree the volume today was above avg >(1,088,700) but SIRI opened @ 16.79 and proceeded 2 fall to 14.56 before closing at 14.83 SIRI has been declining in price since 5/17 when it closed @18.34. I would suggest doing your due diligence on SBGI instead IF'n U like that sector ... although I wouldn't get locked into it either ... just simply try & scalp 7 - 10%.

Caveat Emptor
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