trying to figure out the science and art of trading and investing

an exchange of trading and investing knowledge. the various postings in this blog are based on my personal opinion only and do not constitute as investment advice. The blog owner shall not be liable for any losses incurred by visitors who take investment action based on the postings.

Tuesday, February 12, 2008

AIG's CDS

CDS iceberg is tipping out of the water, weather it hits like sub-prime, it will unreveal soon.

Today it is just AIG unable to value its CDS, AIG's stock dropped 10%. Will we see more? I think so.

As of this post, Dow is trading at 12132 (-50 pts), off it low.

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