i've commented before on the massive credit-driven bubble taking place in chinese a shares
. i've even wondered if it's time to short it before
(since which time it has risen another 40%+). when it ends is anyone's guess, but this now looks a lot like the blowoff phase seen in the nasdaq in early 2000.
i'm just saying -- fxi is optionable
. if the credit crunch proves to be a global deflationary force (and it should), buying out of the money puts beneath this thing is an idea to consider. it could collapse horrendously.
Labels: china, markets