another shitty finish.......lost another 5K at close. wtf. MDT and MYL printing almost point lower.
good thing I was up almost 10K before the downfall.
net +4000 ish
Lehman deserve to die for not saving their employess. that was not the way to go. they got too greedy along the way.
I wonder how ABK got out of the mess. amazing
on the way up last year? I can't exactly remember the price from last year, but when crude oil was rising and hit $90, the gas wasn't $3.69(89 octane ratings) near my house. i guess my question is..... if a gallon of gas was $3 when crude oil hits $90(on the way up), shouldn't it also be $3...
it's not easy for anyone, even fed, to come up with $75B. GS and JPM trying to help.....but time is not on their side. Eventually they'll come up with a solution( I hope), but it'll likely come after the rate cut( again, I hope).
I agree. AIG is far different than LEH. If America doesn't want matters to get worse, it is time for Fed to save AIG.
I just covered the last 1000 shares @ 2.95. Not worth the risk anymore i guess.
not exactly....u short the open for a quick ride, catch the reverse, ride the wave until the fed cuts 100BP, and finish with the best day ever....and dow finishes +350!!!
Still looking for this 'best' day ever. lol
could AIG be saved? at least temporarily?
If they don't cut....what are AIG's chance of survival? they still need about 50billion before tomorrow night?
was down -11K in the morning. miraculously finished green. lost a bunch in JPM/BAC, made a bunch in AIG. still 1000 AIG short.
net +1300 ish
crazy day....all kinds of system problems.