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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 06, 2009 8:37am
231 Views
Post# 15970237

RE: Short term gains - POSTS

RE: Short term gains - POSTS

Good morning

Looks like the stars may be lining up sooner than later. Bad news is rolling in on Wed. I was surprized to see Citi & BOA news this morning out this early . I hope your wrong on the small upswing bigpaulbunyan but you could be right. With news today and what we should get Thurs and Friday should be an interesting few days for FAZ. 

Happy trading

pkxt

Good posts bigpaul , TTSB and liberty
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