I'm somewhat aware of those. They only trade once a day, except for the RYDEX funds, which trade twice per day, unless your broker does things otherwise. Also, they are broadly based.
Not the thing needed to short the top of the channel in a single sector index.
No matter though, I'm opening an options account soon, so I can poot these puppies when I find them.
---------------------------------------------------- BTW, here's my list of inverse-index funds:
ProFund UltraBear ProFund Investor CL (URPIX) -2 x SPX Ultra Short OTC ProFund Investor CL (USPIX) -2 x NDX Bear ProFund Investor CL (BRPIX) -1 x SPX http://www.profunds.com/
Rydex Rydex TEMPEST 500 (RYTPX) (aiming for) -2 x SPX Rydex Venture 100 Fund (RYVNX) (aiming for) -2 x NDX Rydex Artkos Inv CL (RYAIX) -1 x NDX Rydex Ursa Inv CL (RYURX) -1 x SPX http://www.rydexfunds.com/index.cfm
Potomac Funds Potomac Small Cap/Short (POSSX) -1 x RUT Potomac US Short (PSPSX) -1 x SPX Potomac OTC Short (POTSX) -1 x COMP http://www.potomacfunds.com/default.jsp
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.