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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

Comment by Stocksnchartson Dec 02, 2010 11:09am
201 Views
Post# 17789350

RE: Crash starts now

RE: Crash starts nowThat last post was slightly rude of me.  However, I have made a very clearcut case for my bearish stance, and backed it up with numerous standard indicators.  It can't be refuted.

Am I wrong in thinking it was also rude for whomever to vote like this, and hide in the shadows without any bull case?  You know I spend my time here for free to help others learn.  If you have followed my posts, you would see how I've been quite accurate overall.   

By the way, I take those votes as a sign of bear capitulation which is another positive indicator for FAZ to rise.    

SC
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