Direxion Daily Energy Bull 2X Shares V.ERX

Primary Symbol: ERX

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 at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is provided by S&P Dow Jones Indices and includes domestic companies from the energy sector which includes the following industries: oil, gas and consumable fuels; and energy equipment and services. The fund is non-diversified.

ARCA:ERX - Post by User

Direxion Daily Energy Bull 2X Shares

Bullboard Posts

Post by venturesomeon Sep 23, 2010 9:52am

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Post# 17483003

Cu/Mo/Au

George Soros's 20 percent and Sentient Group's 26 percent make this a tempting play -- extremely long range, of course (production 2014) -- and the latest exploration update indicates potential... guess it depends on how much time an investor has.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec