just sold 2 third of my MBI position at 5
(2009-01-07 12:13:10)
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about 24% profit in a week or 2, feel good. I am doing this to reduce my margin. also hoping I can buy back cheaper later. MBI started rally later than most other stocks in this up tick, this may mean institute inside MBI now is weak, anyway, I think we still should have better things to come in January, I am just being cautious, do not want big exposure in margin.
I will update my selling, buying, DT (day trading) in my blog, otherwise some people may get mad.