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 28, 2010 9:59am

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Post# 17898425

RE: RE: RE: It's official ... the joke's on me

Manifestation,

Yes there are many bulls. They are wrong. I can see that very clearly from my model, and the time is nearly up. Many many other indicators and patterns are all pointing to the same outcome - crash.

Check that last post of mine with my quote from August. I warned that everyone would be bullish now calling for a "new bull mkt". When the sentiments are lopsided this bullish, that is always the mechanism for every crash. The same thing has happened before every single crash in history. All bulls equals huge selling when they all try to get out at the same time.

The best opportunities are always the ones when we can take the opposite side of heavily skewed sentiments.

SC

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