Longterm Investing
A place to put my posts
正文
substantial more several days ago at 2.11 after initial 200 shares at 2.01. I think I am finally a little better at buying on the right side of cure. Averaging down at left side of curve is so painful. I will try to avoid it.
On the other hand, mbi\'s recent low is at 3.57, just one cent away from my buy order at 3.56. I am thinking if and how to chase it. I think people including me are all worried about states, cities default on their muni bond, is recent CA IOU issuance indicates the climax of this concern, I hope so. If true, then MBI should have passed at least a short time low. Anyway, play it safe, there are all sorts of opps in the market, not to mention I already have a big position on MBI.
On the other hand, mbi\'s recent low is at 3.57, just one cent away from my buy order at 3.56. I am thinking if and how to chase it. I think people including me are all worried about states, cities default on their muni bond, is recent CA IOU issuance indicates the climax of this concern, I hope so. If true, then MBI should have passed at least a short time low. Anyway, play it safe, there are all sorts of opps in the market, not to mention I already have a big position on MBI.
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