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

Bullboard Posts

Post by ellgaron Sep 13, 2010 7:57am

225 Views

Post# 17439851

Bullish week ahead?

Looks like this euphoria could run a few days...what to do ...wait for the dust to settle (tomorrow or Wed.) or average down my few short positions from here.
After all how high can this market go before a reality check.
SPX high resistance around 1180
Bear Groan!

Bullboard Posts

Report: New, more dangerous malware used in increasing cyberattacks