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 Apr 01, 2011 12:36pm

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Post# 18373641

RE: RE: RE: funny

You claim to have made money on TVIX trades yet you didn't post any entries. So at best that information is useless, and at worst it is BS. I will give you credit for posting your buy TVIX today. That's an inprovement. Tell us when you sell if you want to be helpful. You don't don't have to post all trades, and I don't either, but a few large trades would be helpful to others and give you a lot more credibility.

I had good mileage out of that S&P chart with 1317 target. Did it call the top perfectly? No, but it sure made me a nice profit on capturing a fair bit of the bull side off the 1249 bottom in FAS.

SC

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