The Gov’t Saves The World

Think about this for a second. We were on the brink of a total global meltdown, and somehow the Gov’t managed to pull a rabbit out their ass. I’m not saying it’s straight up from here, but you got to believe we rally the rest of the week off the AIG news.

Did I mention it’s option expiration week. Do you relize how much money will be made the rest of the week? Stock have been beat to a pulp!!

I have a lot of scanning to do tonight, I’ll be sure to share my results.

For those that missed the weekend special, here it is again (Note: make sure the volume is on):

[youtube:http://www.youtube.com/watch?v=yIY2pQJdPps 450 300]

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National-Oilwell Varco, Inc. [[NOV]]

– Bought this morning @ 46.90

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Apple Inc. [[AAPL]]

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AXA (ADR) [[AXA]] Support @ 26.28, reminds me of the setup we had in GS yesterday.

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Place your votes here.

AIG
What will happen to AIG?	AIG gets bailed out Chapter 11, bankruptcy
	Current Results

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I’m taking Gio’s & Fly’s advice and adding some energy right here. National-Oilwell Varco, Inc. [[NOV]] has been cut in half as of late, but their book of business is full, not to mention a few rigs need fixing in the gulf.

I’m also looking at James River Coal Company [[JRCC]] , I can’t believe it’s trading in the low 20s. How about Petrohawk Energy Corporation [[HK]] ? Dirt cheap. What about alternative energy? Evergreen Solar, Inc. [[ESLR]] ].

However, I will only be buying one name, and it’s National-Oilwell Varco, Inc. [[NOV]] .

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