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

Direxion Daily Financial Bear 3x Shares

Bullboard Posts

Comment by Stocksnchartson Dec 09, 2010 12:38pm

155 Views

Post# 17824242

RE: Euphoria is deadly

$trin daily lower than April 2010. That means complacency incredibly high. In April everyone was still talking V-shaped recovery, now we know that isn't true yet complacency is unbelievably higher now!!!

I like what I see today, and 1220 S&P is important. Bears want to see that break, and that should quickly lead to an extreme selloff for the mkts.

SC

Bullboard Posts

Global Tungsten Market and Supply Security