ALCOA Inc. (AA)

[ogbull]

25 million shares sold; 25 million weak hands taken out! Obviously, the majority of the 1.2 billion shares float held on ignoring this little dip. As far as I am concerned, today was a super bargain day. I day traded all day long and ended up lowering my average share price to $8.80 so I'm setting good right now. I recall a lot of days like this in my 30 years of trading stocks. I cannot recall any day when the DOW dropped 500+ points that was not followed by a powerful bounce back the next few trading days. There is no doubt, at $8.73, Alcoa Aluminum is the bargain of the century! We'll see a lot of action on Monday!

Happy Week-end!