How on earth can anyone be having a good day on stocks like GS and AIG? Watch for technical levels to hold and support to kick in, get the odds in your favor and head in!

I bought GS at $115 looking for $119 sure I wasn’t greedy looked like it was going to go higher but took a few dollars a share, after all you can’t go broke taking a profit - you can see that HERE. I felt $115 was holding support, it broke back through it, re tested it and it was off from there, currently trading at $131 a gain of $16/share from bottom.

AIG Wall Street complete panic, the firm can’t go under plain and simple. Taking advantage of wall street fears $1.50 would have been a perfect buy however I was busy trading GS. I purchased AIG at $2.28 after holding support numerous times which I posted HERE and sold out at $3.28. Wall Street has to digest this recent move so I’d expect it to sell off a bit between $2.50-$2.75 range if funds let it lose $3, watch for the consolidation at $2.70 and it should head back up at some point but making 30% on a trade within 20 minutes and being the day trader that I am I have a hard time holding much longer.