What to do with China's Shanghai.

INDEX:XGY0   Shanghai Class A Index
See chart.

(Written in white)
Normally I wouldn't have a stop in place for a major
index that's down 60%.. SO IF YOU ARE NOT
USING LEVERAGE and can sustain a maximum
likely drawdown of 40% on this position, just hold it.
(e.g. Assuming a portfolio value of 50k
(a portfolio value of this size cannot
afford the futures - you'd need the ETF ), invest 5k
and your maximum downside on your portfolio
will likely be 4%. This is based on the calculation that
the Shanghai trades as low as 1250, which is a
low probabilty event - the low of 2008 was 1775.)
Comment: Getting closer..
Can you remember to RE-post this when we actually are at the time/price window??
Lanmar timwest
Will do.
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