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 Dec 07, 2010 1:15pm

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Post# 17813035

RE: RE: RE: RE: RE: Here are the calculations

Longrun: I understand the Republicans used the promise of extending the unemployment benefits to get Obama to sign off the 2% rich pig extension of the Bush tax cuts.....I didn't think he would bail on his promise to keep the break for under $200K and tax the 2% above $200K.
Just proves that know one person is in control and everyone is fighting for the rich to stay rich and get richer.
When all the $hit hits the fan the small investor will suffer the most.
This whole scenario is manipulated, we will have to wait it out a bit longer but like SC, i feel like it's coming.

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