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16 Breakout Stocks on Big Volume: Week of August 24, 2009

SIRI's action is the direct result of the completion of an eleven month rounded bottom that was concluded with the sustained break above .60 last Thursday. The indicated technical power and upside potential resulting from the conclusion of this formation is now measured by the time and magnitude of price action over the past eleven months - and this projects further upside potential toward 1.15 over the next eleven months. While this is only a technical forecast, evidence based over many such formations in past years suggests a high probability of followthrough in the direction indicated. Therefore - it is much too early after only two days to be getting out of a position that indicates months of upside momentum likely to follow. Potential is now indicated toward .90 to 1.00 around the November release of 3rd Qtr. earnings and guidance; toward 1.25 to 1.50 over the next six months to one year; and toward 4.00 over the next two years (representing a 50% retracement of the downside action that persisted from December '05 to the lows in February).