Geoffrey Lordi

CAF: A Better Play on China than FXI

@ Dieuwer: agreed.

For those complacent about options availability, CAF offers less financial sector exposure than does FXI, as well.

A True China Bear

Andy,

From where do you derive such a number for a bear market? And, even if we reached it, why would basing at or around your -80% target mean that a reversal was expected? After all, I might suggest that a true bear is 40% from the highs - or 90%. And I might expect channel behavior thereafter while confidence - and likely, the underlying financial architecture - is rebuilt. Would you clarify your number, please: it seems arbitrarily picked, as you say "I would consider..."

Thx,
ivy