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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: J.K. who wrote (6632)	3/17/2005 3:15:53 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 8752

profund and rydex funds can be purchased from your broker. Much lower minimums. I use USPIX to be short the NDX leveraged at 2 times the movement of the NDX. On a percentage basis.

To: J.K. who wrote (6632)	3/17/2005 8:08:23 PM
From: Walkingshadow	Respond to of 8752

You can buy the Profunds, Rydex Funds, and Potomac Funds (all offer shorts of this and that, with as much as 2 times leverage) through most brokers, and they don't require anything like that kind of minimum. I think most will do $2000. You don't have to open an account with Rydex or Profunds. Be careful, though... some brokers will charge you a "frequent trader" penalty for flipping in and out of these. Most have realized they are intended for this very purpose mostly, and will not charge any penalty. But a few brokers still do that. T