...to short China. With all the turmoil in the worlds markets - Europe erasing all of '07s gains, US markets pulling back sharply, the ECB and FED injecting large amounts of money, protectionist legislation looming here at home, and yet...
China's stock market takes no notice.
000001.SS: Basic Chart for SSE Composite Index - Yahoo! Finance
Plus the fact that there have been numerous stories of uninformed Chinese standing in line to open their brokerage accounts. Unaware of Japan 1990 and completely unemotionally prepared for a sharp pullback.
Watch them flee for the exits when it starts to get ugly.
Greenspan has already warned.
So I checked out available ETFs:
GXC - SPDR S&P China ETF
PGJ - PowerShares Golden Dragon Halter USX China Portfolio
FXI - iShares FTSE/Xinhua China 25 Index Fund
Any advice on shorting? Something I should particularly watch out for?
BTW - this is money in the play account...
China's stock market takes no notice.
000001.SS: Basic Chart for SSE Composite Index - Yahoo! Finance
Plus the fact that there have been numerous stories of uninformed Chinese standing in line to open their brokerage accounts. Unaware of Japan 1990 and completely unemotionally prepared for a sharp pullback.
Watch them flee for the exits when it starts to get ugly.
Greenspan has already warned.
So I checked out available ETFs:
GXC - SPDR S&P China ETF
PGJ - PowerShares Golden Dragon Halter USX China Portfolio
FXI - iShares FTSE/Xinhua China 25 Index Fund
Any advice on shorting? Something I should particularly watch out for?
BTW - this is money in the play account...