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rekcusdo

09/27/11 12:44 PM

#24072 RE: dmlabuda #24063

You could be right that DOW isn't done dropping...and if that does happen, then you are probably right that SIRI will drop with it.

I don't personally believe that DOW will drop back to 2008 levels like some have speculated. We could see 10000 again, which might see SIRI at about 1.50, but even that is strong speculation to me.

I personally believe the market will continue to swing. Up several hundred points then down several hundred points...completely based on the news that comes out that particular day. And SIRI will follow suit...up to 1.80, down to 1.60...up to 1.80, down to 1.60...until the news comes out for SatRad 2.0, price increase, debt payoff, etc, etc.