then AIG is on its LONG TERM UPTRENDLINE dating back to 1980. The two remaining lines are on $15 and $9. Yes, that is a potential 50% drop, but from a 28 year perspective, not significant if the LT lines holds. Deep in the money 2010 options may be great for situations like this.
The downside is several DJ Industrials are breaking down horribly and there is no guarantee that their franchises will survive the devastation.
And that would mean a BRAVE NEW WORLD. And new heroes and idols to look up to. And new enemies to cast stones at.
But as God told Jonah "It doesn't pay to destroy, even if it is delayed, there is still opportunity for things to turn around."
Another way of putting it is "The trend is your friend, until proven otherwise."
AIG is a buy till $9.
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