CHINA INTEREST RATE RISE IS ANOTHER OPPORTUNITY TO SHORT SELL $FXI, $TCK, $FCX, $ANR, $PCX, $BTU AND $CNX

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People’s Bank of China on Friday raised banks’ reserve requirement ratio by 0.5 percentage points leading to Shanghai stumbling 3 percent.
This development supports our thesis as described in prior posts that China’s growth will slow.

The opportunity is in building short positions in Chinese stocks and commodity stocks . We will continue to accumulate short positions on up spikes in FXI, TCK, FCX, ANR, PCX, BTU AND CNX

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