This article is about four exchange traded funds (FXI, GXC, PGJ, HAO) and four closed-end funds (CHN, JFC, CAF, GCH), and the deteriorating price performance of those funds and the China indexes.

Putting the bottom line at the top, we think China is rolling over, at least in the short-term, and we are short FXI as of last Thursday, but still long the S&P 500 (proxy: SPY) for the time being.

This week, Barron's concludes its 2009 Roundtable.

Two weeks ago, we got the Roundtablers' overall outlook, along with the picks of Meryl Witmer and Fred Hickey.