Short FXI AH at 41.60 now

[AKUMATOTENSHI]

Quote from S2007S:

Continue to short FXI, will be trading back below $38.00.

+1 after earnings season in the states is over volume goes down and we are due for a pull back. I have some long term position s in FXI but the time frame is a couple of years. September looks like bear season to me.

Akuma

 

[S2007S]

http://finance.yahoo.com/techticker/article/290233/Is-the-Emerging-Market-Bubble-About-to-Burst

 

[hajimow]

Oh yeah. Down today. That is what I am talking about. Now I am also shorting PALM in tech.

 

[AKUMATOTENSHI]

Don't ride it too long. The correction will not be as long as expected. I want too see more movement in commodities to determine a new direction on FXI.

Akuma

 

[makloda]

Quote from S2007S:

Continue to short FXI, will be trading back below $38.00.

Talk about picking up nickles in front of a steamroller.

 

[Landis82]

Quote from S2007S:

Continue to short FXI, will be trading back below $38.00.

How many shares are you short of the FXI total, and what percentage of your trading capital does it represent. Also, where is your stop loss?