Shorting China

The Journal had an article today on the Pro Funds Group that is launching an ETF that shorts the Chinese Stock Market through inversely following the FTSE/Xinhua China 25 Index Fund. It is levered 2X just like SRS I have talked about. A couple of things, the fact this came out is another sign I think that the bubble is not about to pop, it still has a ways to inflate. Secondly I will be invested in this at some point almost guaranteed (What a fabulously way to short the China market) but it will not be anytime soon and it will be after the China market is already down 15% plus. I have no plans of trying to be any type of hero and calling the top of the Chinese stock market.