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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Second_Titan who wrote (94107)8/31/2001 2:43:58 PM
From: energyplay  Read Replies (1) of 95453
 
RYDEX ARKTOS is suppose to move opposite Nasdaq. (RYAIX)

It's a little inefficent, because of friction and havng to pay some dividends on shorts (they show up as
fund fees or expenses - real expenses are not that high)

If Nasdaq drops 10% , this fund tends to be up about 8-9%

There are some other rydex bear funds, also.
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