UltraShort FTSE/Xinhua China 25 ProShares (AMEX:FXP)

CAPS Rating: 1 out of 5

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Player Avatar luebypopoff (28.90) Submitted: 5/6/2010 9:45:13 AM : Outperform Start Price: $44.40 FXP Score: -41.08

The housing bubble in China will burst: government is trying to take radical steps to prevent people from taking 3rd mortgages on property speculation; bank lending rates rising... bad news is on the horizon, especially for a country who's GDP is 70 plus percent based on the it's own construction...

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