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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 Bigpaulbunyonon May 24, 2009 5:08pm
320 Views
Post# 16012451

RE: RE: RE: RE: liberty ,,,,what up going long chk

RE: RE: RE: RE: liberty ,,,,what up going long chkAs we dont have a confirmed sell signal on the markets, and now seeing the 50 day moving up to almost 8100 i to have sold all my faz and picked up the fas. I am thinking the market will take a run at the 200 MDA at 8700 this week.
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