vrudny, which inverse fund did you buy? Rydex? The ProFunds is a scam; outatthepeak lost money when his fund went down at a time when the market was going down; it does not track the inverse at all as they claim. Rydex’ performance history does seem to track the inverse as they claim. I’m not going to short stocks, instead I will buy inverse funds. Time to load up….this rally is the perfect time to get a good price on an inverse fund, isn’t it?