Edited by xD&Cox, 31 January 2007 - 05:08 AM.
Shanghai Composite cratered nicely
#1
Posted 31 January 2007 - 05:01 AM
#2
Posted 31 January 2007 - 07:18 AM
(today's 1% down not included)
Edited by greenie, 31 January 2007 - 07:18 AM.
It's the illiquidity, stupid !
#3
Posted 31 January 2007 - 07:30 AM
Edited by xD&Cox, 31 January 2007 - 07:35 AM.
#4
Posted 31 January 2007 - 08:47 AM
Looks like another potential one. I see lots of them lately.
Is there a tracking ETF trading in US?
IFN doesnt look like tracking...
I do not know any. IFN does not track any more. Most components of BSE30 trade in NYSE as individual ADRs, but when I tried to short them in May, my broker did not allow it. One of them is component of NDX - infosys (forgot the ticker, check frac_man's blog).
Added.
Ok, here are some components traded as ADR.
TTM (largest car company), RDY (biotech 'giant'), IBN (ICICI bank), INFY (software).
It's the illiquidity, stupid !
#5
Posted 31 January 2007 - 09:02 AM
Very funny avatar!Looks like another potential one. I see lots of them lately.
Is there a tracking ETF trading in US?
IFN doesnt look like tracking...
You might want to look at EEM. I took a small short position after it failed at 116.5. It looks like the 50dma may not hold today:
Edited by jawndissedi, 31 January 2007 - 09:03 AM.
#6
Posted 31 January 2007 - 11:43 AM
#7
Posted 31 January 2007 - 11:45 AM