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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

Post by Pyratzon Sep 22, 2010 11:51am
191 Views
Post# 17479009

Dark Clouds Gather

Dark Clouds GatherUtter collapse is imminent...this whole financial sytem is a complete fraud..what will be the outcome when the dust settles? a new "French revolution"..? or ...do we all scratch the dirt again as our prehistoric ancestors have done for thousands of years. We have definitely reached a point of no return, devolution is the only outcome. Your best skill going forward may very well be, hunting, and small scale subsistance level farming. Interesting days lie ahead, a guaranteed collapse and some paper profits for the holders of FAZ...gold, silver coins....and then what? Its all a zero sum game if u analyze it. No winners, everyone loses. Its a grim reality, however, better to accept it as the most probable outcome for the world.
Peace.
N8
Bullboard Posts