Etfs or closed end funds that short?

Are there any etfs or closed end funds that you can buy that short the market? What would be the best way to short this market other than futures? What options would you play,
best bang for your buck ? I know it's probably time to buy when I go short but I'm convinced that this is not just a correction.
Tia Steve

 

rydex funds short the market with 2 for 1 leverage and treasury bonds as well..

 

there are tons of them, you can short any sector of the market you desire, semis, banks, biotech, housing, oil. you don't even need a downtick

 

Are you saying you want ETF's and CEF's that you can get long that make you short that particular sector or market?

 

I think that's what stocon is saying... are there any ETFs or CEFs that you can buy to short the market.

Not yet. But they are on the way.

http://www.smartmoney.com/etffocus/index.cfm?story=20060607

 

Thx Jamis that's what I 'm looking for something like prudent bear fund that trades like a stock. To short etfs you need margins etc.

 

What is a good short play on the market just buy puts on the qqqq options? Wouldn't those premies be through the roof? What's the best way to be bearish on this market?

 

Just buy SPY put if you want to short the entire market.

 

hoodooman is correct.
http://www.bearmarketcentral.com/mutualfunds.htm

 

Is it my imagination, or is the ratio of wrong to right answers increasing? :-|