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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 Mar 23, 2012 9:24pm
209 Views
Post# 19712556

RE: StockCharts?

RE: StockCharts?

The constant arguments here became old so I left.  If you bothered to do your research, you would realize I have done well this year both long and short various markets, volatility, silver, gold.  I made money on TVIX as well with a number of trades in early Feb.  Haven't done anything with it in March since it had issues with share issuance in late Feb.  In fact, I warned this was a problem due to the premium. 

Here's one of my Silver trades in AGQ:

Dec 2011: 

 
Silver declined as expected, and the triangle support was tested last week. The Silver chart is quite bullish now for a move to $37. The safe haven trade is about to heat up again.

There may be another chance to accumulate in the $45.00 area, but the next target for AGQ would be $70.00.

It doesn't get much better than that...  Bottom to top, then shorted it down again. 

SC

   

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