Sirius XM Holdings Inc (SIRI)

[Nebuchadnezzar]

just keep buying as things get cheaper. This is not the same as 2008-2009 financial crisis. SIRI is not on life support anymore and most companies earnings were around expectations. However, due to much cost cutting (labor cuts) earnings and profits were somewhat good. Labor cutting has led to high unemployment and QE1 and QE2 have really inflated a good percentage of the market. If things are to get better by the natural course of time, QE3 should not happen, but I am sure it will. Unemployment is the biggest factor as I am sure most of you here know. Until REAL jobs, not just government jobs, start growing, the DOW will likely head back to 10000 level, but as far as seeing Dow 7000 or Dow 8000, it just doesnt make sense yet unless people really panic, but companies earnings should prove to be healthy enough to keep DOW above 9500.