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.

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Direxion Daily Financial Bear 3x Shares

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Comment by ellgaron Aug 24, 2010 1:56pm

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Post# 17378661

RE: Warning!!!!

I also have a feeling of a market rally into Sept ,
although I don't follow charts I think something is coming from the FED or the Bond bubble that we've been hearing of could actually pop if given the chance, that would send $$$ into stocks to force them to a new level before a big pullback later on toward Oct....?
Elections are coming so surprises are in order.
IMHO!

SC....Appreciate your time line when you get it, I'm on both sides of the fence right now.

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