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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 19.92-3.8%Nov 20 3:59 PM EST
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To: Michael Hart who wrote (1516)12/27/2004 10:16:56 AM
From: Vendit™  Read Replies (2) of 8420
 
Good morning Michael,

I honestly do not take any fundamental information into consideration on stocks that are in my trading portfolio. I am a pure technical trader so the chart history is all that matters.

SIRI as I predicted yesterday popped up 53 cents at open followed by some fast profit taking this morning.

I just took this screen capture:

themarketwind.com

My Spaghetti patch comment to David Stockwell was an inside joke. He is a programmer and so am I among other things. SI’s site use to be run on a shoe sting budget and the programmers of past were patching this site with code that David referred to as “Spaghetti patches”, which were sure to eventually break, and did.

My reference to SIRI sitting on the center line of the Linear Regression Channel was sarcasm that only he would understand. At any rate my analysis of the SIRI chart setup was correct and SIRI got its pop this morning.

I also think that this uptrend will continue for the short and medium term based on its chart history.

Message 20888843

I host a thread on SI here where we pick stocks like SIRI using technical analysis that look ripe to move if you are interested. Feel free to lurk or join in if you have time.

Subject 51210

Ps: I do use F/A on my long term portfolio.

Have a great day.

Reid
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