A diary of the thought process behind my investment decisions
AIG Gives Market A Reprieve
It appears that the AIG re-IPO will not be happenings until the final days of May. I was concerned that this large block of stock might hurt the market. On the margin this makes me a little more constructive over the next couple of weeks. For now, I believe the downside is limited and that we should see a bounce in conjunction with an oversold bounce in commodities.