Investing Strategies v.2010

I held nothing longer than 30 minutes.

Posted by admin under Original Pages

So this week was very interesting to say the least… I’ve never seen so much volatility in the market. The VIX rocketed to 42.16 on Thursday morning as everyone puked up nearly everything they had. The VIX hasn’t been that high since October 2002. WOW. With the government bailout of 85 Billion to Insurance Giant / Insurance Failure AIG The volume of shares traded was Insane! On Tuesday the stock traded over 1.2 Billion shares. This became an awesome day-trader and seemed as if everyone was trading it this way. With wild swings of 300% during the day it was easy to get in and out of this stock for 10% gains in less than 30 minutes. I day-traded AIG 3 times this week.