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Agree with all the criticism. Just an investor. Not a trader. I actually still hold both positions since they are in different accounts. The shorts have access to pre market trading. The longs do not. Don't know if this changes your answer. Just though a professional trader might have a...

Need advice from professional traders. I bought 5000 AIG shares at $4.45 a during the day. Then saw the aftermarket and sold 5000 shares short in a different account at $2.05. How would you handle this? HELP! Thanks

It's probably crazy but I keep looking at this chart from decisionpoint.com which seems to indicate we could go to 500 on the S&P and still be in a long term uptrend.

According to the New York Times Morgan Stanley uncovered a variety of suspect accounting methods to overstate their positions including not writing down the value of assets, deferred-tax assets and possibly managing earnings. How widespread do you think this practice is?