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Re: Shorting the market



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profunds have a 15,000 minimum investment.

-----Original Message-----
From: Valhalla <scheier@xxxxxxxxx>
Cc: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Monday, July 26, 1999 2:38 PM
Subject: Re: Shorting the market


>
>Profunds have greater response to the underlying Indices they represent
>than do Rydex.   Here's some more info:
>
>Profund UltraOTC        UOPSX 2:1    Nasdaq 100
>service class, 5k min
>serv class: cusip# 743185837
>
>Profund UltraShort OTC  USPIX 2:1
>investor class 15k min
>
>Profund UltraBear,              URPSX 2:1 S&P
>
>Rydex Ursa              RYURX 1:1   of S&P500
>Rydex Nova Fund         RYNVX 1.5:1 of S&P500
>
>
>
>
>Johnny Storm wrote:
>
>> Check out the Rydex funds.  I believe the name for the short fund is
>> Ursa and the name for the long fund is Nova.
>>
>> JS
>>
>> --- dllabarre@xxxxxxxxx wrote:
>> >
>> >
>> > I've been a Real Trader reader for almost a year now
>> > and haven't seen much on
>> > "shorting" the market. Of course it's been pretty
>> > much an up market for the last
>> > year.  But I feel we are at the top or at least
>> > topping now and would like to
>> > prepare for the next wave down.
>> >
>> > If I wanted to short the market over a 3-6 month
>> > period, and use $10,000
>> > invested, what would be a good way of doing this.
>> > What options are available to
>> > me with $10,000 risk capital.   LEAPS?   3 month way
>> > out of money Puts?   Is
>> > there a mutual fund designed to "Short" the market?
>> >
>> > All constructive comments are welcome.
>> > Thank you all for your time.
>> > Don LaBarre
>> >
>> >
>> >
>> >
>>
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>
>