The recent news of AIG happened suddnley and the stock has had a set back. This stock should be sold right now. A smart investor always knows when to get out of a deal, if we can minimize the losses to less than 8% than we will have a good portfolio. I sold AIG yesterday after it dropped 4% from when I bought it at $60.00 , sold at $57.00 after I heard the news and now it dropped to $54.00 .

AIG is still a good company but we will look back into the stock when the bullish run comes. Remember AIG is a good company, they just have some business with the government they need to take care of.  When the stock has an 8-10% come back this would be out bullish pivot point to buy in.

Wait till this negative effects are let off AIG and buy in again when it starts to uptrend 8%.