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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
Bullboard Posts
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•••
Post by ellgaron Oct 12, 2011 3:38pm
199 Views
Post# 19142660

Sad Bears!

Sad Bears!

Bears are getting their assez kicked!

1 week ago we broke all downward supports and now were breaking all upward resistance.

In 1 week : SPX up 140, Dow up 1200 & TSX up 1400 ... where does it end?

Sold most longs and now 40% of my allowance into the D ...give it up already.LOL!

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities