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First Oil ETF Expected to Launch Next Week

MarketWatch is reporting that the American Stock Exchange has filed to launch the first Exchange Traded Fund (ETF) that would track crude oil prices. This would be a new vehicle available for individual investors to try to make money based on their evaluation of the direction of crude oil prices as opposed to previously only being able to use mutual funds, individual energy stocks, or riskier futures investing. www.marketwatch.com/News/Story/Story.aspx?guid=%7B5AF466F0%2D7629%2D47C1%2DA21E%2D0969CAFB1498%7D&dist=rss&siteid=mktw
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