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Expecting a Sell-Off: 35 Ways to Protect for Less

SIRI has been holding exceedingly well in the face of pronounced declines in the general markets (DJIA, S&P, Nasdaq) over the last few days. This is a testimony to the technical strength that is now dominant for SIRI and support should remain solid on any near term pullbacks. Once the general market stabilizes, SIRI should resume the upside testing that was evident over the last few weeks. All previous projections of upside potential remain in force: .75 around November - 1.00+ over the next six months to one year - considerably higher longer term. Shorts who have been hoping for deeper pullbacks due to the general market weakness are disappointed by the current firmness in SIRI and should remain nervous until their positions are covered.