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S&P 500
5,792.04
(
0.71%
)
US TECH 100
19,718.00
(
0.75%
)
Dow Jones
42,512.00
(
1.03%
)
Brent Oil
77.03
(
0.52%
)
Bitcoin
60,788.82
(
0.36%
)
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NY73

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NY73

Re: jel2maine post# 1858

Wednesday, 04/07/2010 4:16:01 PM

Wednesday, April 07, 2010 4:16:01 PM

Post# of 4759
agreed jel2maine. it would respond as it did when Mel Karmazin made his public statement about SIRI, Liberty, and wrspq. The SIRI run up is typical of how this stock performs a few weeks prior to earnings or other anticipated news release. It typically gets a good run up, then retraces significantly right after the news. It really underscores the 'buy the rumor, sell the news' saying. It's like clockwork, everytime.
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