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

Bullboard Posts

Post by ellgaron Aug 16, 2010 11:46am

217 Views

Post# 17353445

Holding pattern?

All this negative news even today and the market doesn’t react, actually, now it's up a few points.

I’m still glad I sold all my short positions as this market seems like it still wants to move higher despite all the gloomy forecasts.

We seem to be waiting for the next big move...Up or Down.

Bullboard Posts

Canadian government to fund Electric Royalties portfolio property