We study a certain type of the celebrated Fermi-Pasta-Ulam particle chain, namely the inverted FPU model, where the inter-particle potential has a form of a quartic double well. Numerical evidence is given in support of a simple symbolic description of dynamics (in the regime of sufficiently high potential barrier between the wells) in terms of an (approximate) Markov process. The corresponding transition matrix is formally identical to a ferromagnetic Heisenberg quantum spin- chain with long range coupling, whose diagonalization yields accurate estimates for a class of time correlation functions of the model.