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ProShares UltraShort FTSE China 50 Message Board

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  • nice_mid_day_breeze nice_mid_day_breeze Feb 9, 2010 8:28 PM Flag

    Is FXP opposite the Dow?

    That is one of the best yahoo posts I have ever seen. I had no clue that over half the index is traded on an ADR basis in the US (and who knows how many other markets?) Excellent! Thanks.

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    • Oh thanks for the compliment. I like reading message boards like this one that are civil and doesn't have all the bickering I see on other boards. For the most part the FXP board is pretty good. Sometimes during the day, I will take a sneak peak at some of the Chinese stocks that are traded on the NYSE that are in the FTSE/25 index such as CEO, PTR, CHU, CHL etc. to see how they are doing. If they are down, chances are FXP is up and vice versa. That's another way of gauging how FXP is coming along. Of course one could just look at FXP and be done with it!! Ha-Ha!!! :-) Silly me.

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