AIG - Not good

Submitted By Gary Tanashian

Isn't this the 2nd CEO they've canned in the last couple years? Billions in losses and an SEC investigation... and most damning of all, this chart. I did this chart as part of a personal project as I have policies with this company. AIG had a monthly close below the last vestige of what could be called major support. That resistance zone will not be overcome any time soon. This is a scary chart that tells us the 'credit crisis' - as the media likes to call it - is far from over.



Did you like this article?

Related Videos