Direxion Daily Financial Bear 3x Shares FAZ

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse or short leveraged exposure to the index equal to at least 80% of the funds net assets (plus borrowing for investment purposes). The index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market. It is non-diversified.

ARCA:FAZ - Post by User

Direxion Daily Financial Bear 3x Shares

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Comment by Dyoung11on Mar 16, 2009 6:13pm

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Post# 15848028

RE: RE: RE: Hi

I think any gains are pretty hard to sustain from here. Far to much bad news still to come before the usual summer doldrums. I think this year i actually will sell in May and walk away for a change.
Looking to load up on Golds and Silvers sometime through the summer months...Lets hope I'm right! Still looking for Dow 5000 sometime this summer and hoping Gold hasen't taken off by then.
Cheers!

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