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Old 09-23-2008, 02:24 PM
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Join Date: Aug 2008
Location: Miami beach
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Default .selling swing 1/2 AIG at 5.00 area, 125% PURE PR

.selling swing 1/2 AIG at 5.00 area, 125% PURE PROFIT huge smilies from the lowest entry , now the stock went much higher today, it reached a high of 5.70 but I am here locking in profits to be on the safe side, multiday direction is in danger of turning negative on AIG here, multiday negatives have not yet cleared. AAPL calls puling back with AAPL losing 130s, I wil hold the calls through any shakes since I believe that this bill will be passed by the senate and the market is poised to move into a short term bull, plus AAPL has her coming earnings. Profits are being erased somewhat now with the high add today but the .80 initial entry is keeping us still in the green.Solars are hurting us but all the pull backs can not compare to the gains made by AIG for us on a oversized stock stake hedging everything out strongly in the green. The contrarian in me is getting more and more bullish on the market opposite of the market general crowd market sentiment. The remaining 1/2 I will sell if multiday direction breaks negative.
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Old 09-29-2008, 12:52 PM
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Join Date: Sep 2008
Posts: 5
Default Re: .selling swing 1/2 AIG at 5.00 area, 125% PURE PR

Well it looked like today might be a good day to see some profit, baught at $4.20. But the stock is now crashing to $2.98 and falling.

Guess those who thought that the bailout would help today were VERY wrong.
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