Check out OTP. This is the Ocean Tomo Patent ETF. it focuses on stocks that have strong
patent protection. We have the holdings of OTP on Stockpickr as well so might be just as
interesting to cherrypick their holdings.

I think it lets you diversify more. the comment about checking whos stock you own is
true. The thing is if one stock tanks you are still in the game, and like Mutuals you have
a proffesional doing the research. My plan is to own my own select pick of indv stocks
and to carry five ETfs. One large cap, one sml cap, and sector the last 3. I have
already went with PPA because of the military angle and havent realy decided on Europe
far east or emerging, tech or realestate.

It is hard to beat an ETF as an alternative to individual stock selection and the higher
fees of a mutual fund. The more broadly based the better--if the reason for buying an ETF
is you don't want to do individual stock selection or to lack diversification, then why
narrow the field to just tech stocks, or stocks from Japan? Stick to the EFAs and SPYs of
the world.

That's especially true with some of the emerging market ETFs. It's known that a lot of
those companies wouldn't meet the requirements to be listed on the NYSE if they were U.S.
companies. There's enough scandals with U.S. companies so imagine what the governance and
accounting policies/standards are at companies that wouldn't meet NYSE standards. It's
always important to know what you own.

I think they're good for coutries where a lot of the companies don't trade on the NYSE in
an ADR and you want some international exposure. I wouldn't buy a sector ETF tho.

I would like some thoughts on ETF's good, bad, ugly. Seems to be a nice way to cover a
bigger territory for the guy that doesnt have a mil to play with. I am leaning twrds and
own power shares but only two.