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Registered User Joined: 12/19/2004 Posts: 415
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I seem to remember that one of the index funds is an opposite of the S&P 500, moving in the opposite direction as the index. Does what symbol represents that index?
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Registered User Joined: 12/30/2004 Posts: 12
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QUOTE (bknight) I seem to remember that one of the index funds is an opposite of the S&P 500, moving in the opposite direction as the index. Does what symbol represents that index?
BK, Sorry I don't have the SP500 version, but the Rydex bear market funds are what you're looking for, for instance, RYMHX is the inverse for MidCaps, RYCWX inverse of the Dow30, RYSHX inverse of SmallCap, etc. Google their site for lots more and info on others.
Bruce
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Registered User Joined: 12/19/2004 Posts: 415
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Thanks
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Registered User Joined: 10/7/2004 Posts: 426
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And RYVNX is the inverse of the Nasdaq or QQQQ
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Registered User Joined: 12/19/2004 Posts: 415
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The bad part about these mutual funds, traded at EOD.
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Registered User Joined: 8/1/2005 Posts: 1
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Try Profunds. They have several short funds. (URL removed by moderater)
Inverse ProFunds: BRPIX - Bear SHPIX - Short Small-Cap SOPIX - Short OTC URPIX - UltraBear UIPIX - UltraShort Mid-Cap UCPIX - UltraShort Small-Cap UWPIX - UltraShort Dow 30 USPIX - UltraShort OTC
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Registered User Joined: 12/19/2004 Posts: 415
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QUOTE (hallett7) Try Profunds. They have several short funds.
They look like mutual funds also, but thanks for the info.
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