A bear share is not shorting but moves up when the market goes down.
The bear share moves in inverse direction of the underlying index of the bull share.
Say if the market is down, bull share is down 2%, the bear share will rise 2%.
So, if you're bearish and can't borrow shares to short, you can buy the bear share.
The inverse is also true, if the market is up, bull share goes up, bear share will go down.
If you're short term trader and 'goreng' type, these are for you.
Of course, unfortunately these kind of trading instruments are not available @ KLSE.
This post has been edited by danmooncake: Aug 22 2009, 11:32 AM
Aug 22 2009, 11:28 AM
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