Thread: ETF question
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Old 07-09-2008, 10:58 PM
rocketman7 rocketman7 is offline
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Originally Posted by harsh.bhavsar View Post
hello there,

i am new to this site and may i just say, that it is amazing - information is ordered and excellent, thanks a lot david...

i have a question about ETF, i generally know what they are - but my question would be that i read some place where one reporter said in his blog that you can buy an ETF that tracks the index where if the index goes down then the ETF goes up and vice versa - is this true? i am trying to find something similar to this as i believe market will go down considerably in next few months and want to make some $$ in it...

if somebody can provide me with some info or reference where i can learn and read more about this, i would really appreciate it...

thanks,

harsh...
Sounds like what you are describing is a bear fund. One company that I know has these is ProShares ProShares ETFs – Funds - Overview (Hubpage) – – Overview. I don't personally own any of them, however. Here is an article on them as well: Bear Funds: Worth the Risk? - Kiplinger.com

If you want more info, just do a search for "bear market funds" and that should do.

rocketman7
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