Feng

Welcome to the New China

I am one of those who bet on China. I short heavily on S&P and hold a lot of CAF. I will hold my short position till Dow goes to 7500. While CAF may sink with it in short term, long term I am quite confident it will give me good return.

In the recent 5 days, S&P is down 5% while CAF is up 10%. I think the market starts to realize US has a bigger problem and worse growth outlook than China. It seemed quite obvious to me but I guess people just don't believe it.