Replies to post #60422 on Traders Cooperative

[larryfromidaho]

Jim Quince, does your china short suggest the DIA rally is about to come to an end? Disclosure, I now own DIA puts. TIA

[choad]

http://stockcharts.com/h-sc/ui?s=$ssec
If memory serves, the Shanghai often leads the U.S. mkt by +- 3 months......that puts the high here very near......we shall see.

[choad]

http://stockcharts.com/charts/performance/perf.html?$ssec,fxp
Interesting that FXP hasn't tracked like I would think.....FXP is now testing the same low it was when Shanghai was considerably higher in early August.Unless I'm confused FXP has overshot to the low side........I may be using the wrong tracking index/stock

[Joe Stocks]

Jim, Followed you on FXP here at 8.98.

[JimQuinceH]

Sold FXP at $10.13 +1.27 (14%)...eom

Jim