Sunday, March 23, 2008

FXP for hungry China Bears.

Jim Jubak, a guy with a great track record over at MSN Money, has written about China and the risk involved. There is a Proshares offering, FXP, that tries to double short the FXI. Check the holdings of FXI so you know what you're getting into. If you're of the opinion that China's market will drop further, give FXP a look.