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 Dec 08, 2010 9:54am

148 Views

Post# 17817410

RE: No Volume=

Engineer? No - I'm a trader.

I have laid out my case, and I see it as very clearcut. The mkt is following my model very well imo. I believe that the 3rd peak is in now. We should see weakness in the mkt now.

Gold stocks? Gold miners GDX looking a little dangerous.

SC

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