Tag Archives: aig

Breaking away: AIG, C, BAC, TBT

Posted on Mar 25, 2010 by WHC Bassetti.

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2010-03-25-bacDon’t ask us why, because we never worry about why, but the expected downwave has not yet materialized, and, in fact a number of issues we watch are breaking out:  BAC, here, and not illustrated, but with similar charts, C, AIG, and TBT.

We will be adding on to our commitments in some of these.

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Bull trap. Snap. CNLG. Flags? AIG, C…

Posted on Mar 23, 2010 by WHC Bassetti.

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2010-03-23-cnlgAs readers know, we sternly inveigh against rash speculation, gambling and other forms of non-Lutheran fun.  Prudent readers should just be content to beat the market with the indices and ETFs and tut-tut as Enron speculators and oil gamblers  go down.

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Pruning for the downwave…

Posted on Jul 02, 2009 by WHC Bassetti.

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090702aigWe sold AIG, scaled out of FRE and FNM.  Profits ranged from 5 to 30%.  Our Ford profits are in the 300%+ range and our BAC profits are also exorbitant.  We are still long platinum with about 25 or 30% paper profits.  We’re glad to be out of gold and silver.  But we’ll be back in.  Stay tuned.

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