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

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Comment by Stocksnchartson Dec 10, 2010 2:43pm

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Post# 17830661

RE: RE: RE: ANYBODY...............................

The top tick on the mkt before it crashes is unimportant. People should be focussed on the big picture. That is "what happens after the top". Everyone has tunnel vision here, and this is exactly what happens at every top. It is an indication of the top itself.

By the way my model shows that the mkt gaps down huge after the top in in so there won't be an easy entry.

SC

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