After AIG made its executives multi-zillionaires and brought the world economy to its knees, it managed to extract hundreds of billions of dollars of your money as a reward. But charts don't lie – even if AIG management does – so the stock lost virtually all its value.

I say virtually. It got down to about $1.50, which was sort of embarrassing, I suppose, for the brilliant executives still there. So they decided to do what any inept company would do – a reverse split. (Competent companies tend to make a practice of growing their firm, increasing shareholder value, and doing "normal" splits.)

Even though the stock had been languishing at about $1.50 for a while, perhaps they thought doing a 1-for-20 reverse split would create a more credible-looking stock. Here's the affect it had:

Nicely played, AIG. You remain full of win.

I do not pretend that this happens often, but I have been riding the ETF waves – particularly with energy – pretty much flawlessly this week. Every energy call I've made has worked out well. I put on an irresponsibly large position in DUG yesterday, and I just closed it out for a great profit. I have DUG in two other accounts still (a smaller position in each), so it's not like I'm an energy bull again. I'm just taking partial profits.

My biggest dollar gainer in my 401-K is SRS, and I'm hanging on to it. If we can break above this little resistance level, it's off to the races.