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FXI down 12 premarket


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#1 eminimee

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Posted 18 October 2007 - 07:36 AM

http://www.traders-t...showtopic=77646



I can see it at least filling that weekly gap..



http://stockcharts.c...4292&r=9854.png

#2 NAV

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Posted 18 October 2007 - 07:58 AM

Tea, This is how the emerging market investors will respond to market declines/losses. 1-4% :redbull: 5% :lol: 10% :D 20% :yawn: 30% :sweatingbullets: 40% :o 50% :angry: 60% :( 70% :cry: 80% :headspin: 90% :giljotiini: 100% :bear:

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#3 eminimee

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Posted 18 October 2007 - 08:03 AM

NAV....that's classic! ...I'm also a little worried about Dennis with naked puts...I'm sure he's quick to dump or hedge....but it sounded like he had accumulated a large position

Edited by Teaparty, 18 October 2007 - 08:06 AM.


#4 ogm

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Posted 18 October 2007 - 08:10 AM

Yep. Thius c ould be it for FXI for a while. The normal pattern would be a very fast sharp drop, followed by a big rally almost to new highs, but not quite. Then decline. I'm thinking of puting on a short position here. Though I'd rather short the small cap chineese crap that ran up a lot lately.

Edited by ogm, 18 October 2007 - 08:11 AM.


#5 eminimee

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Posted 18 October 2007 - 08:20 AM

this is almost looking too perfect....a C=A is at 1546 and may coincide with cash open....3 down starting at 9:30?? perhaps...maybe...huh..huh? :)

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#6 denleo

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Posted 18 October 2007 - 09:01 AM

I am ok Tea. I don't have any FXI positions. I have some naked puts in SPX. I am not concerned. Denleo

#7 eminimee

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Posted 18 October 2007 - 09:54 AM

I thought you were selling and collecting ndx naked puts in your posts....at several different times

#8 denleo

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Posted 18 October 2007 - 09:57 AM

I have NDX too. But NDX is close to new highs. So those puts are basically worthless and expiring tomorrow. I already made good money on them. Denleo