I think ETF's are great if you want to short without actually shorting...if that makes any sense. Most ETF's are weighted at two or three times the volatility of the underlying securities...so you can take advantage of big selloffs, but limit the risk.
Market Club, the same company that's been predicting the moves in Gold and Oil like it has a crystal ball, just came out with a new video on a Crude Oil ETF that is really cool...take a look.
If you have to drive a lot, I highly recommend you watch this 2 minute video.
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