Monday, May 2, 2011

SIRI

SIRI pulled back today as it has been in a nice rising channel.  Broke through 2.00 but didn't hold as it pulled back in phase with the general market downtrend today.  I'm putting SIRI on the watch-list because SIRI is in with the FCC and satellite internet is on the way.  I'm expecting SIRI to eventually be a long term play and watching to see if it tests the 1.75 for an entry play here.....developing....