FDIC Friday & Bear Sterns Redux Sundays coming up!

Discussion in 'Trading' started by The Kin, Oct 2, 2008.

  1. I wonder what goodies this wall street weekend will bring? Maybe a little NCC fail. HIT being shitted on, or my personal AIG using up it's entire credit lime with the federal reserve and declares bankruptcy anyway. Hahaha!

    Then again, why not all 3!
     
  2. yeah...we haven't seen a hat trick yet..
     
  3. AIG has been doing quite well these last few days.
     
  4. Ivan... Aren't u long AIG from $20???
     
  5. Who is the big insurance company that was being talked about today who might shock everyone and go under soon?

    No names were given, just general statements.
     
  6. Yep. From 20, 8 and 3. But "long" is rather misleading. I'm not a stock trader, I'm a forex guy. I have an investment account (cash, no margin) that I buy stocks from time to time with. Obviously the AIG one was a real bad choice, but once it fell like it did, I figured I might as well hold it for a return someday - if that day comes.

    Go ahead, flame me like I know you want to.