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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 Bigpaulbunyonon May 06, 2009 8:52am
195 Views
Post# 15970261

RE: RE: Short term gains - POSTS

RE: RE: Short term gains - POSTSWell how the tide changes. Dow goes from down 60 to plus  60 cause we only lost 480,000 jobs. may give us a better chance to pick up FAZ at lower prices in time for an overdue correction
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities