China Exchange Traded Funds(ETF's)?

Hello everyone. I would appreciate an answer from anyone who knows about China Stocks. I recently purchased many shares of the Chinese ETF(FXI-ISHARES TR FTSE INDX) after the crash in which each share was worth $93.00 a share. Today it closed at $115.00 a share. It's up almost 20% in less than 3 months. My question is, I'm hearing so much lately that the Chinese market has been so hot, that it's only a matter of time before it gets deeply corrected. For those who know about international markets, should I hold or sell? Thanks guys!

put a stop loss under your gains and let the market take you out. There was a correction yesterday but China is making nice because of the Olympics. I perferr more diversified markets like VEU. And be aware it did drop back a bit in after hours trading.

I put a chart of FXI vs the S&P 500 on the web for you at

http://www.fasttrack.net/answers/china.g...

It shows the 19% gain in the last 47 market days. An it shows the huge double top formation on which we are teetering.

Normally, I would suggest that such a formation is a classic sell signal. However, both 2005 and 2006 have double tops from which they soared to new highs. Maybe China will do it again?

The volatility is enormous and risk is stunning. Last time I took a risk like that was in 1993 in a Latin American fund . . . it took 10 years to get even again.

http://www.fasttrack.net/answers/latin.g...

Best of luck

Sell if you cannot afford a 10% crash.