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Friday, September 11, 2009

What Does $10 Dollars Buy Nowadays?

Chart courtesy of http://www.trixychart.com/ ( click to enlarge )

Chart courtesy of http://www.stockcharts.com ( click to enlarge )
Update to AIG battlefield. The stock received another downgrade from a major player, however the stock has been pulling it own weight, into the close it started a major rally, light volume and possible short-covering. Traders are starting to hedge their bets with Calls and Puts. Note: That the stock was dumped at the alter, the last 15-minutes or so. Maybe the party is over for a bit, and we drop it to the $35 per share level . . .