Market refuses to go down

[Bigpipn]

I have looked deeply into cycles and MANY, MANY predicted this sharp rally (hindsight is great isn't it). All the cycles and information suggest that we are weeks away from the most devastating deflationary spiral in 3/4 of a century. Nothing will be spared, not even gold.

The economists and stock analysts are having fun now watching their picks return 30-40%.

Ponder this.

You start with $10k

You start off with a 50% decline yielding you $5k

You then get a 60% rally-- You're only at $8k.

Most people are at this $8k figure. Their window for cutting their losses is upon them. Sell now or jump off the bridge later.

Mid-Late 2012 after real estate bottoms will be a great time to buy foor the real rally.

**Disclaimer** I trade in M5 by H1 bars and day-by-day, so, this understanding only helps me to know there are more multi-sigma events yet to come.

 

[detective]

Yeah, the CEO seems to be confident that they can pay back the government and become profitable, it is definitely speculation but AIG does have a sizable business not involved in CDS or insuring the financial markets.

Quote from Kassz007:

I think AIG released a statement a couple of days ago saying they would be able to pay back taxpayers for the money given to them which caused a big rally in the stock. I could be wrong, but I'm pretty sure I heard something about this.

 

[makloda]

Quote from Ivanovich:Someone is going to get their ass handed to them eventually on this one.

So far, that would be me. Short AIG

 

[Ivanovich]

Quote from makloda:

So far, that would be me. Short AIG

Did you have a hard time locating the shares?

 

[Ivanovich]

Quote from Bigpipn:

I have looked deeply into cycles and MANY, MANY predicted this sharp rally (hindsight is great isn't it). All the cycles and information suggest that we are weeks away from the most devastating deflationary spiral in 3/4 of a century. Nothing will be spared, not even gold.

The economists and stock analysts are having fun now watching their picks return 30-40%.

Ponder this.

You start with $10k

You start off with a 50% decline yielding you $5k

You then get a 60% rally-- You're only at $8k.

Most people are at this $8k figure. Their window for cutting their losses is upon them. Sell now or jump off the bridge later.

Mid-Late 2012 after real estate bottoms will be a great time to buy foor the real rally.

**Disclaimer** I trade in M5 by H1 bars and day-by-day, so, this understanding only helps me to know there are more multi-sigma events yet to come.

Would like to hear more about this, mate. You should start a topic on it and post your thoughts complete. Or, if you don't want to, I'd be humbled if you'd send me a PM where to read more on these cycles.

 

[makloda]

Quote from Ivanovich:

Did you have a hard time locating the shares?

Not at all. Easily locatable at IB.

 

[MohdSalleh]

everyone and their mother is in AIG

 

[Ivanovich]

It's unbelievable. I wish I had a margin account in my equities so I could short that bastard.

 

[oriol88]

I have just bought some puts of Santander that expire next month. The reason, here:

http://www.invertia.com/empresas/graficos.asp?idtel=RV011BSCH&TipoPeriodo=5

 

[kashirin]

Quote from NoDoji:

I posted in another thread, AIG had a 20:1 reverse split a while back, so any time a breakout occurs there are very limited shares available for buying and short covering and the demand drives the price crazy.

what do you mean by saying shares are not availble?
volume is huge

it's 12 pm
and 80 mln shares traded
float is 110 mln

there are shares available for everyone. as much as you want