
IPO Lucky Shot$Microsoft(MSFT.US) really dropped to 360, huh? Opening a position at 400 earlier and closing it at 410 was the smartest move I've made this year. I can look for an opportunity to add some position back. Although there might still be turbulence before the midterm elections, it shouldn't be a big problem as long as the position gradient is well controlled when building the position.
Some friends used to think Microsoft's stock price would never drop to 360. I want to say, never say never.
Never blindly pursue certainty in individual stocks, whether this certainty lies in price or timing.
Stocks are a matter of probability; a fuzzy right is better than a precise wrong. Never let overconfidence make you bear risks you absolutely cannot afford, even if the probability of such risk is only 1%.
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