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

Bullboard Posts

Comment by Stocksnchartson Dec 03, 2010 1:45pm

199 Views

Post# 17797034

RE: RE: RE: Smile

That's right Goldman is herding the last of the sheep today. Bull trap. Mkts gap down huge Monday, and keep going.

Mkt probably will have a decent close today, FAZ close low but up.

Have great weekend all!

SC

Bullboard Posts

BlackBerry’s cost-cutting yields Q1 2024 savings