The revival of $AIG

With real estate related stocks going back up almost every week, you have to admit that $AIG will have to come roaring back eventually.  Yes, it was mortally wounded before but it was brought back to life from near death by our esteemed Gov’t doctor.  I see $AIG is walking here and there and doesn’t look like it is dying.  What you say?

Hence, I bought a starter position on $AIG; maybe even for a long-term hold, what say you?

Below is the $AIG daily chart:

AIG_daily

Both indicators below are turning up!  Did I mention that $AIG is in the “smart-money” list provided by The Fly earlier?

Below is the daily chart ETF-real estate $IYR:

IYR_daily

Look at that uptrend! Woo! Woo!

My 2 cents.



Categories: AIG

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