ETFs Are Too Powerful By Jim Cramer About this article: Are ETFs forcing stocks down at times? Scott Rothbort had a fantastic article yesterday afternoon on the role of ETFs and whether they can really affect the market. I think it is somewhat persuasive, but it does not answer the question that someone can use these instruments, particularly the Bear Ultra Funds, to manipulate the close of the market given that there are market on close orders that must be placed at 3:40 because of the nature of the project. If you come in with guns blazing, you are directly going around the margin rules to be able to blast out stocks to accentuate the direction of the market. You get 3-to-1 leverage on top of the 50% leverage you can use, allowing for some serious firepower to take the market down. I understand the notion that the "solution" these funds use is to employ swaps, but... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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