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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Greg R who wrote (386)1/19/1998 10:08:00 AM
From: Ross  Read Replies (2) of 3558
 
Greg,

you said:
"Having virtually all funds in Retirement plans, I am not allowed to sell short and cannot take advantage of the drop. If anyone knows how to do this, PLEASE tell me."

The Rydex Ursa fund (ticker RYURX) is a good way to short the S&P500
and you can use it in your retirement account.. The Ursa fund's
investment objective is to privide investment results that will
inversly correlate to the perfomance of the S&P500 index..

I know of no fund (closed end) that shorts the Dow..

Chart: stockmaster.com

Ross
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