2006-10-06 15:32:28 · 4 answers · asked by zxdfmlp 3 in Business & Finance ➔ Investing
Profunds has UltraSP500 Index ETF- Symbol SSO; it is double
the SP500; it will go up 2 points when SP500 goes up 1 point.
Inverse SP500 Index ETF- Symbol SH, it is inverse Index fund,
when SP500 goes down 1 point it will go up 1 point.
Yahoo has listing, but does not have all the information because these are new ETF. Just call 1-888-776-3637 to get all the information you need to know.
2006-10-06 16:17:08 · answer #1 · answered by Pk D 3 · 0⤊ 0⤋
I'm with Pk D....Profunds and Rydex can help you with shorting the market.
I don't think there are any ETFs that short the market....unless you were to get into option trading on these ETFs.
2006-10-07 06:36:28 · answer #2 · answered by derek 4 · 0⤊ 0⤋
If it's an ETF one can short it, as well as going long, but not in the same brokerage account.
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2006-10-06 18:09:02 · answer #3 · answered by strath 3 · 0⤊ 0⤋
Look into hedge-funds. It sounds like you are looking for some sort of moderated hedge-fund.
2006-10-06 15:45:36 · answer #4 · answered by dlfield 3 · 0⤊ 0⤋