PowerShares DB Commodity Double Short ETN (DEE) – This leveraged exchange-traded note (ETN) seeks to replicate, net of expenses, twice the inverse of the Deutsche Bank Liquid Commodity Total Return Index.
The underlying index is based on crude oil, heating oil, corn, wheat, gold and aluminum. A further drop in these futures contracts in reaction to a stronger U.S. dollar could provide for a quick, 10-point trade.
But be careful. This is a very volatile, speculative investment vehicle that is designed for the day trader.
If you buy it, be aware of the risk, and use a stop-loss order to protect against risk.
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