I like XMSR...over SIRI

[Dan Mezick]

Satellite radio is going to grow, and for awhile I favored SIRI over XMSR. SIRI subsequently went parabolic and cratered from a high of 9.43 to the current level at around 7. There has been and remains a considerable amount of emotion on the price of SIRI.

At this time I like XMSR much more relative to SIRI, which has an unstable set of chart characteristics.

XMSR has declined from 40 to 34 and sits right at it's longterm trendline. Overall the chart looks healthy (especially relative to SIRI) and I like XMSR at 34 with a protective stop at 33.

SIRI Chart

XMSR Chart

I continue to like CCJ.