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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Spreck who wrote (7325)4/4/2005 3:46:25 PM
From: Venditâ„¢  Respond to of 8752
 
AIG has been falling steadily over the past 90 days with small rebounds. Things are going to get worse before they get better so you will get another shot.



To: Spreck who wrote (7325)4/4/2005 5:32:33 PM
From: Walkingshadow  Respond to of 8752
 
Yes, I saw that... apparently NY Attorney General Spitzer was quoted as saying he thought matters with AIG might possibly be settled without criminal complaints being filed.

Still, there is nothing but bad news for shareholders, regardless of whether anybody goes to jail or not. And it seems likely that more bad news is on the way.

This will not be a sustained rally IMHO.

The analysts are in disarray... some issuing downgrades, others issuing upgrades.

The 20 ema would be a good place to consider a short entry:

139.142.147.218

T



To: Spreck who wrote (7325)4/9/2005 8:11:29 AM
From: Venditâ„¢  Respond to of 8752
 
AIG fell 2 percent to $51.73, as pressure builds from multiple investigations facing the huge insurance company. Authorities are set to interview AIG's former chief executive and chairman Hank Greenberg next week.

abcnews.go.com