I am ending the whirlwind tour of exchange traded funds with Emerging Market etfs.
There is plenty to choose from - small countries,
huge countries, and anything in between.
However, a word of warning - scan the major holdings of a given etf - often you will find such a heavy weight of one country, or of particular industries, that the name and stated purpose of an ETF are at odds with reality of its holdings.
Emerging Markets ETFs
ADRE - large cap emerging markets companies.
EEB - tracks BNY BRIC index which is comprised of American depositary receipts ("ADRs") and global depositary receipts ("GDRs") selected, companies based on liquidity, from a universe of all listed depositary receipts of companies from BRIC (Brazil, Russia, India, China) currently trading on U.S. exchanges.
When emerging markets fall...
There are two ways to profit from these inevitable corrections.
One way is to short the ETFs of emerging markets.
However, most people do not like shorting stocks or ETFs since there is, potentially, unlimited loss ( when you buy long, the most you can lose is entire investment if the stock goes to 0. But when you short a stock at say $20, the stock can climb to $30, or $50, or $200 - the size of potential loss is huge.)
For those who do not like selling ETFs short,
there is an ETF that is an inverse of the emerging markets - when emerging market stocks go up, it goes down. But when emerging market stocks fall,
the etf gains. The ticker symbol is EEV.
EEV is pretty new ( started in Nov 2007) but it already has large ( hundreds of thousands per day) trading volume - no wonder, given the general direction of the markets during 1st quarter of 2008.
Trading books and ETFs
Trade Your Way to Financial Freedom
While not ETF specific, this is the best book on trading and investing, so I am including it here. If you are putting money at risk in the markets, you really need to read this book - twice!
Avg. Customer Rating: 
Amazon Price: $23.07 (as of 07/25/2008)
The ETF Book: All You Need to Know About Exchange-Traded Funds
Avg. Customer Rating:
Amazon Price: $19.77 (as of 07/25/2008)
Exchange-Traded Funds For Dummies (For Dummies (Business & Personal Finance))
Avg. Customer Rating:
Amazon Price: $16.49 (as of 07/25/2008)
ETF Trading Strategies Revealed (Trade Secrets (Marketplace Books))
Avg. Customer Rating: 
Amazon Price: $13.57 (as of 07/25/2008)
Create Your Own ETF Hedge Fund: A Do-It-Yourself ETF Strategy for Private Wealth Management (Wiley Finance)
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Amazon Price: $37.80 (as of 07/25/2008)
Visit these sites
More about ETFs.
Couple other lenses to visit - to take a break from the money game:
Fun
and more fun
Back to money stuff:
Wealthencyclopedia.com
Great Stuff on Amazon
SmartMoney (1-year)
Avg. Customer Rating: 
Amazon Price: $12.00 (as of 07/25/2008)
Usually ships in 1 to 3 months
Kiplinger's Personal Finance Magazine
Avg. Customer Rating:
Amazon Price: $12.00 (as of 07/25/2008)
Usually ships in 1 to 3 months
Fortune (1-year)
Avg. Customer Rating:
Amazon Price: $29.98 (as of 07/25/2008)
Usually ships in 4 to 6 weeks
Inc. (1-year)
Avg. Customer Rating:
Amazon Price: $9.97 (as of 07/25/2008)
Usually ships in 1 to 3 months
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