UltraShort FTSE/Xinhua 25 Proshares (FXP)

All Comments on FXP

  • commenter
    May 04 09:48 PM
    My Website
    Marc Faber: Short Emerging Markets - Barron's [view article]
    i found the most interesting comment was looking at the pe of the market with energy stripped out. Approacjhing 20 times very shaky earnings. this flies in the face of the usual bkather of taking out the finacials to tell us how cheap the dow or S& P are. This is a market of stocks and they are not cheap . Reply
  • commenter
    Apr 27 05:20 PM
    My Website
    ETF Fund Revenues: A View from the Bottom [view article]
    Nice data! Thanks! Reply
  • commenter
    Apr 18 05:06 AM
    General Discussion on FXP
    Yeah, I can't figure it out either. I tried to compare the chart of FXI and FXP. From Jan 14 to Apr 14, FXI plunged from $170 to $140, yet FXP was $75 on Jan 14 and Apr14. How is that an UltraShort?


    On Apr 06 11:53 PM trading1 wrote:

    > By observation, FXP does not work! FXI has dropped dramatically in
    > value and yet FXP (as of 4th apr 08) is nearly the same as its inception
    > date value Reply
    Reply
  • commenter
    Apr 06 11:53 PM
    General Discussion on FXP
    By observation, FXP does not work! FXI has dropped dramatically in value and yet FXP (as of 4th apr 08) is nearly the same as its inception date value Reply Reply
  • commenter
    Apr 06 11:50 PM
    General Discussion on FXP
    By observation, FXP does not work! FXI has dropped dramatically in value and yet FXP (as of 4th apr 08) is nearly the same as its inception date value Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:23 AM
    My Website
    General Discussion on FXP
    Is this a buy or a sell? Reply
  • commenter
    Apr 02 05:47 PM
    Shorting China and Financials: Money Left on the Table - A Cautionary Tale [view article]
    Hey HedgeTruth

    I don't invest based on charting at all. I don't think it's reliable. However, a very good argument could be made that if securities follow some sort of pattern (as shown in a chart), then a chart of an index (fund) may be a more reliable indicator than the chart of a single stock. I understand your logic. But, really, the converse may be true. I'd like to see some numbers...
    Reply
  • commenter
    Apr 01 11:50 AM
    Shorting China and Financials: Money Left on the Table - A Cautionary Tale [view article]
    Ok Jesus Freak! Can you guess how many stocks are in the S&P 500? Reply
  • commenter
    Apr 01 03:32 AM
    China Now Down Over 40% from Highs [view article]
    Okay, we need to look at a lot of factors when considering where the Chinese market will settle.
    1) Inflation
    2) The global economy and demand for Chinese products
    3) Where the Chinese market was in 2006, it's peak level, were it is now, and finally where it will most likely go.
    4) The gambling mentality of the Chinese stock market.
    5) More banking write-offs coming.

    Worldwide inflation over the coming months will not help the Chinese financial markets in my opinion. It will even weaken demand domestically in China, resulting in lower revenues for companies, as each Chinese citizen has let discretionary income. Lower discretionary income worldwide, due to inflation, will further cut earnings.

    Yes, the Chinese market is down 40% according to the article. However, where was it in 2006? About 1000 if I remember correctly. It's still up 300% over 2006. It's got a long way to go yet. It's not done diving. Try 1500-1800 for a bottom.

    Gambling mentality- Chinese students have been using their tuition money to invest in stocks. Others have been borrowing from their Visas. How do you think they feel right now. And it's still way over priced.

    U.S. Arm resets.... We have 45 months of resets to go.... We are only 15 months into it..... This isn't even close to over yet. Countrywide- GONE......... Bear Sterns - GONE..... The housing market's getting worse, mortgages are harder to obtain due to stricter guidelines, every time the Fed lowers rates it results in a weaker US$ and higher inflation, loss of confidence in the US$....etc., etc., etc., (Remember the Pound was the currency of oil until about 1938. The oil producing nations lost confidence in it as a good store of value)

    Has anyone even started talking about the Mark-to-Market write-offs? $350 Billion, according to some estimates. Further, most home owners don’t have any equity in their homes and the prices are still falling. The consumer will find it difficult to pull us out of this one…. And it will be difficult for them to spend China or the world out of this mess too.
    Reply
  • commenter
    Mar 31 10:49 PM
    China Now Down Over 40% from Highs [view article]
    Choosing a well established index like the S&P 500 Index and comparing it to the Shangai index is the equivalent of comparing an industrial company from circa 1999 to an internet startup in Feb. 2000. Reply
  • commenter
    Mar 31 10:14 PM
    My Website
    China Now Down Over 40% from Highs [view article]
    I can't help but feel sorry for the Chinese investors who put everything into stocks, and have seen the sharp decline as time goes on. Reply
  • commenter
    Mar 31 12:37 AM
    Shorting China and Financials: Money Left on the Table - A Cautionary Tale [view article]
    While HedgeTruth is correct, intraday, these things do trade directionally in the same direction as the market basket of financials. However, his statements would have us believe that there is some linkage during the middle of the day between the workings of 293 different firms and this ETF in some technical way. If that were the case, ETFs like SLV would trade exactly in lock step percentage moves with the underlying commodity they are trying to represent. Clearly that is not the case and the difference is a result of several things.... and one of them is the supply and demand of folks that want to by these things.

    I think it is a good exercise to examine the chart on SKF to see where you think support might be, but I wouldn't use it the same way I would for a stand alone equity, because everything is really story driven and you are basically take a stab at where you think financials will go and then holding on.

    Use stops!
    Blessings.
    Reply
  • commenter
    Mar 30 12:25 PM
    Time to Get Serious About Utilizing Short ETFs [view article]
    the missing symbol for the Ultrashort Real Estate is SRS Reply
  • commenter
    Mar 29 01:48 PM
    Shorting China and Financials: Money Left on the Table - A Cautionary Tale [view article]
    TRO, thanks for these pointers. As name suggests I'm a new trader. I got clobbered in SKF last week. Made bad decisions and all wrong moves. Sat out this week because didn't know what EOQ would mean (should have figured managers would want financials off their lists), but I want to play again, hopefully smarter. What do you think of moving between UYG and SKF? Please share any more insights. Thanks again. Reply
  • commenter
    Mar 28 08:32 PM
    Shorting China and Financials: Money Left on the Table - A Cautionary Tale [view article]
    Yeah know it all Hedgie I guess all the traders in the S&P pits are idiots too. Let's see if you can guess this one right. How many stocks are in the S&P 500? Reply