( 11/07/2008) The below comments and chart remain valid, but with ETFs we can now obtain the similar results by employing the 100% QQQQ short ETF fund( PSQ ) or the 200% short ETF fund (QID ). The Q's are a good choice as they have the highest ETF volume.



An alternate strategy for a Market Downturn is to employ the Rydex URSA fund (RYURX ). This funds performance is expected to correspond to the
inverse of the S&P 500.

Charts and information are available at: http://www.RydexFunds.com

The below chart depicts the RYURX fund during the
September, 2001 Downturn.

The www.SelectSectors.com market Indicators flashed a
Double Red Alert prior to this Market disaster.