Direxion Daily Financial Bull 3x Shares FAS

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 at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. 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.

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Direxion Daily Financial Bull 3x Shares

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Comment by younggun3on Mar 12, 2009 9:05pm

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Post# 15841546

RE: Big Day!!

Nice move today! Back in here a bit. Keeping stops cloose as cloose can be. These financials are still worthless so I am diffently not looking long term here. The dow seems like it will rally back to its 200 dma (about 8000) Thinking about moving money from here over to HFU at least the canadian banks are worth something. I do love the gains 3x leverage gives you. hehehehe

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