What a day. Black monday followed by turmoil over AIG's fate + sinking Ibanks + release of FFrate.
FFR- unchanged at 2.00
AIG- post market chat of bailout but very volatile day + a missed entry and exit of about 500. Should have followed MUDDY and the chatroom! He makes money all the time.
Sinking Ibanks recovering after US approves AIG bridge loan + those earnings that were never factored into stock price.
Crazy day, and still I am upset that I am not serious about day trading enough to maintain this blog and wake up for the market.
PICKS FOR TOMMORW.
Darkside
MER + AIG having good intraday action. Buying off lows and selling off highs is the way to go here. While everyone worries about the fate.... scalps on these extremely liquid stocks mean huge %tage movements!
NWA, DAL, LCC, UAUA....Airlines are rallying of lower gas. Could this be their comeback? They have been very undervalued admist soaring oil prices. A buyin long might be inorder!
NoNewsPumps
VLNC- loving this chart
FBR- strange EOD spike.
thats plenty more than I have the charting capacity to watch.
Remember, we're not in a recession... i kid i kid.
