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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 Stocksnchartson Sep 20, 2010 5:00pm
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Post# 17470840

Clock is ticking

Clock is tickingDon't fret if you are in FAZ right now.  I am and I'll explain later in detail, have to run right now.  There is a decent way to play this and get into a good position going forward.  

The S&P hit my minimum target today 1145.  I also checked a few things off my "crash" list today.  We aren't that far away now!  Things are moving right along....

SC 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities