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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 Stocksnchartson Sep 22, 2010 12:11pm
122 Views
Post# 17479141

RE: Dark Clouds Gather

RE: Dark Clouds GatherI agree it's going to get ugly.  Myself, I have already come to accept that it has collapsed.  The crash is what needs to happen in order for the healing and rebuilding process to commence.  It's going to take a long time.  What concerns me is not what is going to happen to the financial system, but how people react to this coming collapse.  Historically these situations have soon led to wars.  I sure hope that is not the case this time around.

SC
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Dealroom for high-potential pre-IPO opportunities