bashers, let me show show my 2009 best picks

DNDN: from 3 to 25,
scss: 0.9 to 6.5
XL: 3 to 17
ago: 6 to 17
rdn: 3 to 10

...

The above are all MQP, real trades, real money. You can either go through my posts or my blogs to see them yourselves. I hope mbi would be the next. The difference this time is that I am way over weighed on MBI with margin. I do this because I believe there is much higher chance to win if you bet with insiders on your side.

Like I said before, I may sell, add or trade on my MBI going forward, my first target for my long term holdings are 10, second one is its book value: $13, the final one is $40, its adjusted book value.

I sold some of MBI highest at 16.98 last year, unfortunately I bought more again when it is on its way down after Lehman went bankruptcy, making the whole trip from $3 to $17 worthless. This time I am a little smarter at averaging down, I was buying at the last minute and I will remember to lock some profit along the way.

I write this down to celebrate today\'s 18% jump of mbi, today\'s jump made my strategic position on MBI safe. I am released and peaceful now.