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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

Post by Stocksnchartson May 14, 2010 10:51am
278 Views
Post# 17099252

Catalysts

CatalystsIt could be anything really that takes down the market here or should I say people blame on taking the market down.  Everyone blamed Lehman on the 2008 crash but what about AIG, Fannie/Freddie, GM, and every bankrupt bank out there.  People like to point fingers, but of course it's never that simple.  

I'm wondering about the Euro bailout, but often it is the unexpected things that really mess up the markets.  Maybe a US bank will run into trouble or who knows what. 

All I know is that the charts are suggesing clearly to me that something big bad and ugly is on the way.  

SC 

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