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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

Direxion Daily Financial Bear 3x Shares
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Comment by Stocksnchartson Jun 23, 2011 12:20am
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Post# 18754002

RE: ....Insight..........................

RE: ....Insight..........................Lol Hoss.  I always have the BBQ ready to fire up.  Bulls were sure charred in May, and June.  Sometimes I sneak over to the Bulls camp while the Bear is napping though.  The Bear can only gorge on so much honey before taking a nap.  

Ever read Ernest Hemingway "The Old Man and the Sea"?  This mkt is like playing that giant Marlin.  Remember, there are many decades of bull mkt that are slowly fading.  It takes time, and just when it seems tired out, it comes back to life again.  Eventually there will be no more thrashing, nothing but a calm sea...

SC     
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