AIG
Sold 50 sh AIG @ $47.08
This was a short term parking money play. I maid $70 or so just to park my money. I am raising capital for next week. The economic figures are due next week to show us where we are heading, so I think it is time to have same cash on hands, just in case a new oportuniny shows to buy. If AIG goes down to $45 level, I might be buying back to park the money again.
Bought 50sh AIG @ $45.56
AIG is down over 35% from its top in June 2007. It has just announced that it had underestimated its losses by about $4 billion. Technically, short and long term stock looks like a OK buy. I am parking my money there if it goes down under $43 I will be selling.
