Home > Boards > US Listed > Miscellaneous > ProShrs Trst UltraShrt FTSE/China 25 Index (FXP)

This is not a stock, this is a

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surf1944   Tuesday, 01/06/09 11:31:14 PM
Re: ramtruck9766 post# 46
Post # of 91 
This is not a stock, this is a good hedge in a down market. If you looked at the NYSE, there are only two stocks making 52 week lows(FXP & EEV), but the next time the overseas markets fall apart FXP could be up 100% in a few days. On the other hand in a "bull move" FXP is like "Chinese water torture". I would guess that FXP will be a purchase in the next few weeks.

surf


surf's up......crikey



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