Wall St. Nation right about Shorting China is Done

On Nov 26th we wrote "China is still headed for hard times, but the cashing in from shorting China may be nearing an end", we recommended the iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), its up 28% since then.

I love it when the media and analysts jump on the bandwagon, so has been the opinion with all the 'Chinese stocks ready to turn around' attention lately.

Such is the case with investing these days, you have to pay attention to what the press is saying, because if its good and more than one major website or news channel is saying "China stocks ready to rebound", you have to pay attention and place a bet.

Information moves too fast these days, but it can work to your advantage when you take a consensus, see if it actually makes sense, then make your play.

However, now that everyone and their Mom is saying 'Invest in China', it's a good time to take those gains if you already placed those bets. The tide can turn quick in this market, thus the triple digit gains and losses in our major stock indexes that occur daily.

Long China - iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI) 
Shares FTSE/Xinhua China 25 Index Fund (the Fund) seeks investment results that correspond generally to the price and yield performance of the FTSE/Xinhua China 25 Index (the Index). The Index is designed to represent the performance of the largest companies in the Chinese equity market that are available to international investors. The Index consists of 25 of the largest and most liquid Chinese companies. Securities in the Index are weighted based on the total market value of their shares, so that securities with higher total market values generally have a higher representation in the Index.