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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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Post by Bigpaulbunyonon May 20, 2009 9:41pm
396 Views
Post# 16005596

You have to play both

You have to play bothSold Fas at 10.33 this am and picked up faz at 4.75. It is dangerous to fall in love with one of them .
here are some intersting links on how these etf's work

https://twitdoc.com/docview?doc=15674346&key=key-1coaoafvs2iesinehx0u&usr=aiki14

https://www.youtube.com/watch?v=qEYW2CPWHYE&feature=player_embedded

https://www.youtube.com/watch?v=Muz4HmFYrHs&feature=related
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities