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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 79.57+0.7%3:59 PM EST

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To: limtex who wrote (2100)8/31/1998 5:06:00 AM
From: zebraspot  Read Replies (1) of 6846
 
There was an article about two new short funds in a very recent Forbes or Fortune. Some of these new short funds are leveraged to perform at 150% and 200% of the market move. One is:
quote.yahoo.com

I've also been in BEARX for a year or so. It's not great, just recently has it been doing much. Even on most past down days, their relative performance has not been good.

Best thing is index puts. Try the DJXOJ's (DJ Mar '99 88's) They are trading at around $10 as of Friday close, and go up a $1 for about every 100 pts. the Dow Jones 30 go down. It's more fun (and riskier)than Vegas, but they will hedge you a lot better than these funds if things really go down. Good luck.
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