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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 604caretakeron Jul 21, 2010 11:36pm
189 Views
Post# 17287136

RE: RE: RE: Another pattern in play

RE: RE: RE: Another pattern in playElliott.   32 day wavelet projects  S&P  down to about 990 by the 26th, retrace to below 1040 and fall again to below 950 by august.
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