Too much Pessimism and too many shorts.

Discussion in 'Trading' started by midlifeguy, Mar 8, 2008.

  1. bgp

    bgp

    holygrail, i bet you can buy the rydex bear fund.

    bgp
     
    #31     Mar 8, 2008
  2. Nope, it's not offered. We only have 21 choices and there is not one of them that can make money in a bear market. We have 18 long choices, 2 bond funds, and a money market.

    The sad part is that I am the idiot that set up the 401K in 1997. I need to talk to them and get some added choices.
     
    #32     Mar 8, 2008
  3. bgp

    bgp

    good luck.

    bgp
     
    #33     Mar 8, 2008
  4. Incorrect, sure you can.

    Anek
     
    #34     Mar 8, 2008
  5. Great answer with no substance.
     
    #35     Mar 8, 2008
  6. Ultrashort Powershares come to mind, available for most indexes.

    Anek
     
    #36     Mar 8, 2008
  7. If you read the post above, I have 21 choices. NONE OF THEM ALLOW ME TO GO SHORT!!!
     
    #37     Mar 8, 2008
  8. I must be on a different channel with you on this.

    Buy QID and you are technically 2X short on the Nasdaq, just to mention an example.

    Ive' had QID in 401k many times.

    What's the problem ?

    Anek
     
    #38     Mar 8, 2008
  9. How do I buy QID in my 401K when I only have 21 choices. 18 are mutual funds THAT DO NOT GO UP IN A DOWN MARKET. TWO ARE BOND FUNDS, AND 1 IS A MONEY MARKET.
     
    #39     Mar 8, 2008

  10. You should buy enough food and water, dig an underground tunnel, and hide in the darkness. Only come out when you hear friendly voices....
     
    #40     Mar 8, 2008