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Take Some Profits on FXP

February 6, 2008

By Keith Fitz-Gerald

Email – #94 ** Take Some Profits on FXP As expected, the iShares FTSE/Xinhua China 25 Index ETF (FXI) has suffered concurrently with the broader global markets. That means we’ve got some small profits on the table. Let’s take’em. Sell one half of your UltraShort FTSE/Xinhua China 25 Proshares (FXP) position at $96 or higher to capture [...]