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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (63799)5/23/2010 9:40:31 PM
From: TobagoJack1 Recommendation  Read Replies (1) | Respond to of 219571
 
shorting fxi is a derivative trade entirely between one wagering entity and another, and its link to the shanghai market is weak at best and imaginery at worst

indicatively finance.yahoo.com

nothing to shout about when one could have done so much better shorting the more obvious suspects, starting with qcom and ending with google

"short china" can best be done by shorting bhp, rio tinto, and such, and not by what chanos refuses to divulge but all guess at, actually shorting china shares

the reason is because china shares are not representative, heavily manipulated, not liquid, and cannot be easily covered

better to have shorted the more obvious of american shares, just about any of them

as to the usa indices, they will surely follow the broader market and not escape destiny even as they are ... shall we say ... survivor biased and plunge supported, so far, supposedly electronic hiccup exception-ed

it is undoubtedly true that china share market is more volatile, but collapsing? hardly. you will learn much about collapsing, just as you have now learned how greece is starting to collapse when you clearly said it be ... let me quote Message 24314900 2008 02 14 <<I think gold will not do much better than the average commodity ... In my country of birth, GREECE, ... Gold sovereigns was something you can hide and take with you in case of upheaval ... That kind of thinking started fading quickly, and gold was replaced by real estate and the stock market. Today, those clinging to their gold sovereigns are the big losers in the investment game, even with its current rise.>>

btw, in feb of 2008, gold was a bargain basement dirt price of 890.

KyrosL, those greeks who followed your advice just got gutted out, and should they fail to repent, will be cleaned out for good.

whenn you failed to correctly read your country of birth Message 24315577 and was so very far off base, i think i will take my own read of china and stay clear of chanos imaginings.

to claim china collapsed when actually america cratered is too funny finance.yahoo.com



To: KyrosL who wrote (63799)5/23/2010 9:59:35 PM
From: TobagoJack  Respond to of 219571
 
<<approximately the Shanghai composite>>

it is an imaginary wager of one against a fantasy bet of another, when shorted, between a new york guy and a california fellow, and has nought to do with anything on the shanghai exchange

i do not take it personally, never do, because i am not long shares in any consequential amount

i simply take your view on chanos as wrong

and so it be my duty to say, as in alert, "if you wish to short, short any of the american shares or greek shares, and refrain from shorting that which must not be shorted; better still, buy gold, because so many denigrate its unique properties and delightful characteristics"