Re: FXI - China and market collapse
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I am in a similar position(have >20% in fxi now). My view is to ride it as long as possible until around summer 08(olympic). If the china market starts turning bearish, you will know it. I would like to see others chime in on this.
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Maybe I'm just biased b/c I hate the Olympics, but I don't see the point of timing FXI based on the Olympics. Granted, the Chinese gov't would probably avoid doing anything to pop a bubble around the time of the Olympics but they could easily act before then and bubbles are quite capable of popping AT ANY TIME w/o any help from governments or central banks.
Note: I'm not saying it is or isn't a bubble, but lots of people seem to think it is obv.
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