EDGE TRADER

Tuesday, December 13, 2005

SIRI Day 2


I'm not letting it go to my head but looks as if I was right about SIRI. I might have tried an entry had the waterfall occurred earlier in the day and a clearer support level established with multiple bounces off the same price. But, as is, there is no confirmation that there is sustainable buying interest below$7 - we are only talking about 30 minutes of trading; the radar looks elsewhere.

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