looks like profunds is coming or just came out with 2 short sector funds as of 9-12-05. THATS WHAT IM TALKING ABOUT!!!! no hurry to short the oil and gas but the real estate one would be of interest
they look to be the short version of oil and gas fund and real estate fund.
In edit: it appears they wont be leveraged and will only be 1x short which is a bummer imo. so yes its good news that they will have more options to choose from on the short side, but not having leverage is a disappointment