Technical Alerts

ALERT: Time To Lower The Life Rafts

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31
04/13/2012
ALERT: Time To Lower The Life Rafts

It’s hurricane and tornado season. When a major hurricane or tornado is heading your way, you probably already know it’s wise to heed evacuation warnings and / or take shelter. Sometimes, the warnings provide only a small window of opportunity. Sometimes, people take cover and the major damage occurs far from them, bringing complaints...
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Support Held, No Red Flags, But…

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8
04/13/2012
Support Held, No Red Flags, But…

The NYSE bp rose a few hundredth’s of a percent, so we’re not out of the woods yet, and short volume for open trades was higher than we like to see, but volume has been anemic with both bulls and bears sitting out much of the game this week. With support holding, and should...
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Alert: NYSE Bullish Percent Falls Further

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7
04/11/2012
Alert: NYSE Bullish Percent Falls Further

The NYSE Bullish Percent declined today to 68.13%, leaving it just 0.13% shy of a major correction signal. I’ll keep an eye overseas tonight and on futures activity. Trade alerts may go out late tonight or early tomorrow to those members that opted in, if I think they’re warranted.  
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SIRI Charts Showing Unexpected Strength

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21
04/05/2012
SIRI Charts Showing Unexpected Strength

You might want to hold onto those SIRI shares a little longer, or get back on board. Since hitting my $2.40 target, I have been waiting for any sign to indicate the next move. Short volumes which I use as a leading indicator for SIRI and other stocks, continue to trigger Green Flag Alerts daily, and this week...
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$2.40 Target Attained: What’s Next For SIRI?

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21
04/03/2012
$2.40 Target Attained: What’s Next For SIRI?

Well I started this after the market opened, for the record. And yes, thank you all for the applause on my call for $2.40, which I made quite a while ago and never strayed from. I have a vague recollection of some schmuck slamming me in the comment section one day, that I had not sent...
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Sirius XM (SIRI) Technical Update: “Really?” Edition

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20
03/25/2012
Sirius XM (SIRI) Technical Update: “Really?” Edition

I think it’s time for me once again, to explain a few things. I cannot seem to make this clear enough for some people to grasp, which signals to me that I am not a very good writer. Humbly I must admit, that if a reader walks away without an understanding of what I...
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