FXI could have been bought for $112 on 8/16, which was 7 market days ago.
Closed at $153.07 today for an easy +36.7% return (annualize that!!).
Closed at $153.07 today for an easy +36.7% return (annualize that!!).
It might take a mere 40% pullback to get back to March '07 levels, but "only" a 20% decline to get to last week! I guess the next edition of "Shanghai Surprise" wont be all that eventful, will it?
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