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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (42705)3/3/2009 2:31:10 AM
From: Skeeter Bug  Read Replies (1) of 42834
 
octavian, i already got a nice ride on the boat... i can only hope my next ride is half that good. ;-)

given that AIG is tanking and the ignorati that pushed stocks to absurd levels seem to be getting a case of rationality, i'm a buyer of a first third somewhere in the $70s.

AIG lost almost $500k per minute q4 - that's staggering.

in spite of $160 billion of welfare, AIG is still on the brink of toppling the entire financial community.

do you see how bad this is yet?

not to mention all the investors burned by wall street rightly view wall street as a fraud and the us government as fraud enablers. that will sour people from investing for some time.
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