China ETF - FXI Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China ETF - FXI

FXI 38.93

+1.0%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Walkingshadow who wrote (89)	5/29/2009 12:03:40 AM
From: Norrin Radd	Read Replies (1) of 105

I don't think our market necessarily "followed" theirs, only that their recovery started sooner. As far as a correction goes or a retest of the March bottom, that would not surprise me and I hope it happens because I am positioned to take advantage if does. I raised more cash in the last couple days. If our market falls, all others will too. There is an old saying "Sell in May and go away." We'll see... But many, many stocks are still wildly undervalued IMO. There is a lot of money on the sidelines ($4 Trillion) in entities that have to date underperformed. If the market holds, then at some point they will get stampeded into the market in an attempt not to underperform for a second year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next