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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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Post by ellgaron Sep 20, 2010 11:54am
162 Views
Post# 17468899

Next SPX resistance 1175!

Next SPX resistance 1175!   I'm not in FAZ but I feel your pain, i feel the Fed report will be bearish to follow their Beige book report 2 weeks ago but the market seems to be ignoring bad news on a flight to yield in equities.
   We are due for a relief from this BS soon...I hope.
Hey SC, .....are you averaging down with FAZ?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities