China ETF - FXI Message Board

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Strategies & Market Trends : China ETF - FXI

FXI 39.35

-0.1%

Jan 9 4:00 PM EST

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To: Norrin Radd who wrote (65)	6/16/2008 4:10:27 PM
From: OldAIMGuy	Read Replies (1) of 105

Hi NR, FXI has been a tough one to tame. We never shorted the position, but we did reduce our exposure nearly a dozen times over the last couple of years. We've put some of the cash back to work now and have some left if the price/share dives deeper. By buying since around the end of '07 we've rebuilt the share inventory by about 50%. So, no matter if it goes up or down, we're set. We have shares to sell on a rally and cash to buy on a decline. Best regards, Tom

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