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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 Jan 06, 2011 1:46pm
174 Views
Post# 17934004

RE: RE: RE: RE: RE: RE: FAS off limits for me

RE: RE: RE: RE: RE: RE: FAS off limits for meAre you in FAZ?  I know just how demoralizing the mkt can be sometimes.  The morals of bears are extremely low everywhere right now.  I remember April and the intensity is much higher now, that is for sure. 

That is a sign of just how powerful a move is coming.

SC
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