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 ellgaron Nov 29, 2010 11:17am

187 Views

Post# 17770404

RE: RE: Last Chance to pick up FAZ

Cheers,
I hope your timing is right, I'm getting an itchy trigger finger. Although I still have the same sentiment as you, I don't trust the governments involvement in the currency & market manipulation.
The bulls really want this market to hold and seem almost worried to let a natural pullback occur, maybe afraid that it will fall back out of their control?

Double POMO day today and the USD above $81 will be interesting to see who wins the day.

Still holding on.

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