I have been trading some of the Big Cap beaten up stocks on a regular basis......GE, C, AIG.....it sure is nice trading such liquid plays, no real MM games with the Bid/Ask.......you want to buy or sell, and your order doesn't change the Bid/Ask.....so much nicer than thinly traded stocks....
its actually not too hard to make some decent money with relatively little risk. I watch the QuoteScope on TDAmeritrade to get a feel for how the stock is trading, buy like 10K shares of C, put in a stop loss to protect against any big loss.....wait a bit for a sell when the stock oscillates up a dime or so......boom, another $1K in the pocket for sometimes less than an hour's "work"........a grand every few hours ain't too bad either!!!!
C (Citi) has been very good to me doing this.....and that's not including the big run up of the past few weeks (I hold a core, because it will be back over $10 easy when the recession ends).
