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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 437.26+3.8%4:00 PM EST

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To: TobagoJack who wrote (63787)5/23/2010 8:57:32 AM
From: KyrosL2 Recommendations  Read Replies (2) of 219563
 
<<what trade?>>

You can't be serious. All the big Chinese stocks trade in US exchanges. There are short positions in all of them. China Mobile, for example, has shorts worth over $100 million. It trades millions of shares in the NYSE every day. There are Chinese ETFs that trade very actively in US markets and have a boatload of options. Put options on FXI just for the month of June, for instance, have a notional value of around $2 billion.

Interestingly, the Chinese leadership started tightening credit right around the time Chanos started talking, playing right into his hands.
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