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m22au, Thanks for posting the info.

Don't forget SSO moves 2X the SP500 index % move in BOTH up and down directions. You may use SSO to your advantage when the market moves up. But when the market moves down, you would lose double in terms of % as well. SSO is a two-edged sword, be careful when you use it!

Seriously, everyone should keep their trading size small on these highly speculative / volatile issues. And never bet with any money you can’t afford to lose. Good trading :)

bot 0.94 and sold 1.19, now 1.90 ooops! Kicking myself in the ass :mad: :mad:

Holy cow! Now $1.90 for both stocks! What's up here :confused: :eek: :confused:

The up and down is still on. Hope we all pocket some lucky money next week :D

:eek: :confused: :eek:

By Friday Sep. 12, FNM closed @ 0.74 and FRE closed @0.46. Are they considered a buy now? Or how low can they still go? :confused:

I watch both the China and HongKong indexes. If they are bearish I buy FXP, if they turn bullish I buy FXI or CAF. I trade both ways.

Thanks Mvic, You gave a good answer to my question. I will remember to watch the China stocks traded in HK market as well when I trade FXP.

How could the so called "UltraShort (2x) FTSE/Xinhua China 25 ProShares " with symbol FXP tumbled $5 dollars to $95 this morning while the China stock market closed down to 8 month new low last night and the S&P 500 also went down this morning?? And at the same time, most of the major China...

I cannot be specific on the time because when I saw the 10 pips widened spread, I did not realize it had something to do with the price move and I looked elsewhere. I cannot be sure whether the price already started to move at that very moment. Later on when I saw the big spike, the spreads...

I use IB. Their spreads are normally tight. When I saw the 10 pips spread yesterday, I thought something was wrong with IB's quote system. It turned out the big move was coming.

Looks like triggering stops is also a way to manipulate the Euro price on the short-term basis by the big guys. If that's the case, my earlier notion of "Euro market is hard to be manipulated" need to be changed. Did you also see the EURO.USD price spread suddenly widened to about 10 pips...

Over 65 pips surge in 5 minutes with no news, but by triggered stops !? A forex newbie is wondering how this big Euro market works, which is supposed to be hard to manipulate. :confused:

Jim foretold about China's bull market many years ago and he's very active investing in Chinese stocks today. But just like investing in any other market, one needs to time the market carefully for entries and exits.

Reply to: TM_Direct: :eek:

Your info is appreciated. But the company seems to be hiring traders to trade the company's money these days. :confused:

I just learned Globus Trading came to Canada and opened an office in Toronto. Does anyone have any info about the company and how it is doing? Thanks! :)