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Cramer Chimes In On The Most Dangerous ETF List
By David Bettencourt on September 25, 2009 | More Posts By David Bettencourt | Author's Website
The bottom line here is that there are a lot of bad ETFs out there - “toxic financial products that could blow up in your face,” Cramer says.
The worst of them, in his opinion: the Direxion Daily Financial Bull 3X Shares (FAS) and Direxion Daily Financial Bear 3X Shares (FAZ), the US Natural Gas Fund (UNG) and the PowerShares DB Crude Oil Double Short ETN (DTO). See his video below:
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