Too much Pessimism and too many shorts.

Nope, it's not offered. We only have 21 choices and there is not one of them that can make money in a bear market. We have 18 long choices, 2 bond funds, and a money market.

The sad part is that I am the idiot that set up the 401K in 1997. I need to talk to them and get some added choices.
 
Quote from Anekdoten:

Ultrashort Powershares come to mind, available for most indexes.

Anek

If you read the post above, I have 21 choices. NONE OF THEM ALLOW ME TO GO SHORT!!!
 
Quote from HolyGrail:

If you read the post above, I have 21 choices. NONE OF THEM ALLOW ME TO GO SHORT!!!

I must be on a different channel with you on this.

Buy QID and you are technically 2X short on the Nasdaq, just to mention an example.

Ive' had QID in 401k many times.

What's the problem ?

Anek
 
How do I buy QID in my 401K when I only have 21 choices. 18 are mutual funds THAT DO NOT GO UP IN A DOWN MARKET. TWO ARE BOND FUNDS, AND 1 IS A MONEY MARKET.
 
Quote from bgp:

listen, this market isn't a normal recession. we are going into a depression. there are too many dreamers out there thinking they will buy the break and live happily ever after. forget it, this is a serious bear market on the verge of collapse. oh yes lets ask the gov. to come to the rescue or maybe some of you want to kiss the ass of some foreign fund to bail the u.s. out ????

bgp


You should buy enough food and water, dig an underground tunnel, and hide in the darkness. Only come out when you hear friendly voices....
 
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