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 Stocksnchartson Dec 08, 2010 3:37pm

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Post# 17820025

RE: SC.......?

Absolutely Hoss! Just a waiting game. Look at those $NMUNI again today. In a way I think we are just going to catch up with them. They have already signalled a decline is coming for the mkt.

I remember in March 2009, when I was buying banks with both fists. I love to go against the crowd when everyone is one one side, the more doubters, the better.

SC

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