If the prediction has merit, this would seem to be the very investment to buy.
http://www.zacks.com/funds/mutual-fund/quote/BEARX
Federated Prudent Bear Fd A: (MF: BEARX)
Fund Description
The fund was incepted in December 1995 and is managed by David W. Tice & Associates. The fund seeks capital appreciation. The fund is a no-load mutual fund specifically designed to benefit from stock market declines as the fund has more ‘short’ than ‘long’ positions. The fund takes ‘long’ and ‘short’ positions. That is, the fund buys stocks just like most mutual funds. The fund also takes short positions and purchases put options to benefit from an anticipated decline in a stock or stock index. Currently, significant portions of long positions are gold and silver mining companies. The fund distributes dividends and capital gains, if any, at the end of each calendar year.
Total return since inception: -4.69%
I’m leery of buying short. And having lost nearly five percent since inception, this fund ‘bears’ that out. :)