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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (31496)	7/15/2008 11:36:49 PM
From: Asymmetric	Read Replies (1) \| Respond to of 78748

Not one of my better moves. Usually I'm much better at this at cutting my losses. Still holding shares of AIB. Thinking it's too late to sell. Shares are in a long term IRA account. Guess it just got a little longer-term :-( Financials it appears are going to be going down to ridiculous prices. Not calling any bottoms or dip buying anymore. That's proven to be suicide. If or when AIB sells at $10 a share, I'll get interested again. Otherwise - will wait for it to show some strength on the upside. Chart told me not to buy. Should have trusted my "instrumentation". Don't know about you Madharry, but I just got a letter in the mail regarding shareholder lawsuit against AIG. No sense for me to fill out as I actually made a profit on it this year. Don't think they give you any money for that! - A.