Saturday, November 17, 2007

Is AIG Really All That Bad?



Is AIG really that bad? I don't think so. Sure, the chart has gotten pretty bad recently especially for such a stalwart large capper. But, 49 is pretty strong support as the chart shows. When it gets to that level, I think it'll be worth wading in. If things do get worse, then the stop loss placed a few percent below comes into play. That way, we'll limit the risk to downside in the trade.

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