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Pastimes : Ask Mohan about the Market
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To: HB who wrote (10605)12/9/1997 7:31:00 PM
From: Bonnie Bear  Read Replies (1) of 18056
 
Howard, for a comfortable short against the index buy RYURX. It will be a better short against bank stock declines. It follows the inverse of the S&P, it has a unique feature that it goes down less than the S&P goes up but goes up more than the S&P goes down, and pays S&P dividends. It does not track BEARX. And its holding cost is less than holding a SPY short.
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