Thursday, April 1, 2010
Bookkeeping: Closing Morgan Stanely China A Shares Fund (CAF) Short as China Shows Signs of Waking Up
Obviously the odds of success on the short side are very poor nowadays. One area I was hoping to use as a hedge was the underperformance in China (5th worst index in the world in Q1 2010), via a short of Morgan Stanley China A Shares Fund (CAF). But even that has now reversed, and it's time to cover - all bear hideouts are being smoked out. I only had a 1.5% allocation since have any shorts on is harmful to your health, but I'm taking a 7% loss.... strongly considering turning this around and going long as I like this sort of setup....
No position
Posted by
Mark
at
1:15 PM
Bookkeeping: Closing Morgan Stanely China A Shares Fund (CAF) Short as China Shows Signs of Waking Up
2010-04-01T13:15:00-04:00
Mark
China market|
Morgan Stanley China A Share Fund|
| Edit This Post |
Create A New Post
Bookkeeping: Closing Morgan Stanely China A Shares Fund (CAF) Short as China Shows Signs of Waking Up
2010-04-01T13:15:00-04:00
Mark
China market|Morgan Stanley China A Share Fund|
Subscribe
Archives By Date
Best Of FMMF
- Blogroll
- 1: Warren Buffet Piles on Europe
- 2: [Video] Jim Chanos Returns from Europe, Even More Bearish on China
- 3: A Chart to Open Our Eyes - Staggering Changes by Multinationals in Employment Behavior 00s vs 90s
- 4: Futures Blasted on Dexia Woes... and Poor Preliminary China Data
- 5: Market Working to Worst Thanksgiving Since 1932
- 6: Et Tu, German Bonds? Poor Auction Raises Eyebrows