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 pkxton May 05, 2009 11:06pm

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Post# 15969779

RE: RE: RE: FAZ - Have a piece !!!

Libertyg u are 100 % b a n g on ! 3 points in your last message I like

History we must all learn from the past " (reference the snap back after the 1929 crash, before the main drop to the lows). "

REALITY " ( and believe the worst is yet to come in bunches. ) " IT'S GONNA SPANK US IN THE A S S !

I AM BUYING SMALL CHUNKS until the 7 th then we will decide to take a large piece ! Its not if it gets ugly its just a matter of when (anticipated carnage ) and I want to be in for the ride .................EXIT time will be the tough call then!!!!

Best of luck in your trading !

pkxt

P.S

SRS I will take a b o o at !

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