Thursday, October 27, 2011

Shorts can stay solvent longer than you think

Chanos made good money shorting Chinese stocks since 2010.

Chanos in Bloomberg

The Chinese stock market's performance over the last few days is insipid and uninspiring to say the least. While global markets rose anywhere from 15 to 20% in 2 weeks, SSEC's gain was limited to 3%.

Short sell FXI on a SSEC break of the October lows.

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