If you're shorting the fund, you think it will go down in price. To get your money back, you need to cover. Buy = short, sell = cover. Sep 13, 13:50
thank you :-) {nm} Sep 13, 13:56
I guess you've realized that most funds are gainers, most of the time. Short a selected fund only in unusual situations. {nm} Sep 13, 14:29
People who run funds already have a track record of steady gains. Shorting a fund is not a good idea. {nm} Sep 13, 14:42
but sometimes their owners neglect them, like EURO, which hasn't made a trade since Aug 23 {nm} Sep 13, 15:00
EURO fund would probably not be a good one to short. Last cycle, he went to $100 in about 5 months. That's pretty good. {nm} Sep 13, 15:37
Different fund manager now. {nm} Sep 13, 16:08
Hmm, interesting. {nm} Sep 13, 16:27
The criteria is make $100mill and sign up.....how does that equal "track record of steady gains"? {nm} Sep 13, 15:03
Thank you.... that helps a lot :-) {nm} Sep 15, 20:58