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bknight
Posted : Thursday, July 28, 2005 6:44:11 PM
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Joined: 12/19/2004
Posts: 415
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?
bchtadd
Posted : Monday, August 1, 2005 4:24:52 PM
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Joined: 12/30/2004
Posts: 12
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
bknight
Posted : Monday, August 1, 2005 4:34:07 PM
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Joined: 12/19/2004
Posts: 415
Thanks
Booker
Posted : Monday, August 1, 2005 8:24:10 PM
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Joined: 10/7/2004
Posts: 426
And RYVNX is the inverse of the Nasdaq or QQQQ
bknight
Posted : Tuesday, August 2, 2005 2:40:01 PM
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Joined: 12/19/2004
Posts: 415
The bad part about these mutual funds, traded at EOD.
hallett7
Posted : Tuesday, August 2, 2005 5:20:00 PM
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Joined: 8/1/2005
Posts: 1
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
bknight
Posted : Tuesday, August 2, 2005 5:31:36 PM
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Joined: 12/19/2004
Posts: 415
QUOTE (hallett7)
Try Profunds. They have several short funds.


They look like mutual funds also, but thanks for the info.
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