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To: quote 007 who wrote (30833)	9/23/2000 3:10:14 PM
From: jimcav	Read Replies (1) \| Respond to of 42787

One can go long mutual funds which are inverse to indexes, such as Uspix.

To: quote 007 who wrote (30833)	9/23/2000 5:16:49 PM
From: donald sew	Respond to of 42787

quote 007, >>>> how does one go short in there ira????? <<<< Play mutual funds which play the downside, like PROFUNDs/RYDEX.

To: quote 007 who wrote (30833)	9/23/2000 5:45:40 PM
From: XBrit	Respond to of 42787

<<how does one go short in there ira?????>> In addition to ProFunds and Rydex market-inverse mutual funds, one can also transfer one's IRA to a broker (such as eDreyfus) which allows holding long put and call options in IRA's. Then buy LEAPS puts on OEX or QQQ, or your unfavorite-est stock. WARNING: USPIX and similar funds are ONLY for short-to-medium term trading. Over a few months they have "slippage" problems, which means that even if the market goes nowhere these funds fall steadily. quote.yahoo.com