19th Mar 2017 - Insurance company might not be able to even insure themself !

Buy $	Sell $	Short $	Cover $	Stop Loss $	Profit / Losses	Duration
	$63.50				45.8%

 

Reason for Buy / Sell / Short / Cover:

 

1. There was a big drop after the quarter result announcement. Cost me losing a bunch of profit.
2. The report seems to be at the positive side, but market trashed it. I don't like that.

 

Lesson Learnt:

 

1. This is a very famous and popular stock so you normally have a chance to sell at a slightly higher price.
2. Once it went back and touch the MA line, I decide to sell it and not to take any more chances.
3. Right now, looking at the way the price goes, seems like my selling call is correct.

 

Intraday Chart

None

 

Historical Chart

11th Jan 2017 - Another mirror for A also starts with A

 

Pattern Study

 

1. Comparing stock "A" and stock "AIG"
2. Stock "A" seems to act as a mirror for stock "AIG" or vice versa.
3. Stock "A" seems to start its second kick to upside.
4. Stock "AIG" has also started its second kick to upside.

 

What should I do?

 

1. Good entry for AIG should be at $67.00

 

Chart 1	Chart 2

3rd Jan 2011 – Pattern Study - AIG

Ticker:

 

1. AIG

 

Topic:

 

1. Who dares to buying into a shitty company like AIG (when it is climbing the wall of worries)?

 

Lesson Learnt:

 

1. Chart will always tell you whether shitty company like this is worth to buy in or not. Forget about all the crazy rumors.
2. It has gone above the 100MA line for the long term chart.
3. It has also gone above all the MA line for the 1 year daily chart.
4. Volume has picked up since mid of Nov 2010.
5. Up trending RSI seems to be telling the story.
6. Up trending daily MACD is great.
7. Don't be surprised it poke through $100.00 in the near term.

 

Intraday Chart

-NA-

Historical Chart