MDM - One last clarification

Published : November 16 2010 at 13:13 ET

EPV was listed in the last report correctly as an inverse 2-times ETF for Europe.

UPV is the normal 2-times ETF for Europe.

You could short UPV if you can get the borrow, or buy EPV which is the inverse of UPV.

Also note that ETFs that highly correlate such as GLL correlating to our suggested DZZ, both which are inverse 2-times gold ETFs, could also be bought. Thus our list serves as an approximate guide.

Other ETFs are also fair game provided they correlate. For example, since we recommended shorting China as one possibility, emerging markets 3-times inverse ETF EDZ could be bought, or EDC which is the normal 3-times emerging markets ETF could be shorted.


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