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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 Nov 18, 2010 11:58am
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Post# 17724727

Nov 18

Nov 18A week ago or so I had mentioned that Nov 18 was most important in my cycle times for Nov.  Now it is clear exactly why!  Tomorrow is looking increasingly likely for a major drop in mkts. 

1207 should contain the rally for S&P later today.  We could see a 50-60 point drop tomorrow in S&P imo.  Leg 2 up for FAZ.

Everything fits for multiple patterns and my time cycles so I am quite sure and confident.  I will be fully loaded on margin in FAZ by the end of today!!!

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