EEMing with…..Not Much

• Posted by Adam Warner
• on February 9th, 2010

Was hearing Bberg yap about the emerging markets fund this morning, apparently it got plowed like this on similar fears of some sort of debt contagion in 2004. I have no recollection of that, which doesn’t mean it didn’t happen, could be that I misheard, or just totally forgot. Anyway, point being that it got hit about 17% pretty quickly, kind of about what it’s seen now.

It also held the 200 day (for now), so was thinking of maybe shorting some put spreads.

Then looked at the board. Volatility perked up a bit on this, but it’s STILL only in the low 30′s. And with the stock $38, just no dollars in there, I mean the March ATM’s are about $1.55 as I type. Just not enough money imho, if I do anything I’ll just buy it with a stop under the 200 day (I’m sure no one else will stop there….maybe scratch that idea too). Will just watch for now.

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