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 13, 2010 11:20pm

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Post# 17841712

RE: S&P couldn't hold onto 1245

Trading could be very volatile following FOMC. Some of my charts suggest that mkts may be weak in the morning.

Then the mkt may initially rally somewhat right after the FOMC 11:15ET, but then reverse hard to the downside into the close. Wed morning the mkt would likely then gap way down and FAZ way up. Mkts crash hard from there....

I made the decision today to increase my position in FAZ by about 60%, and near full margin as well. When everything is lined up so perfectly, there is no reason for me not to be super aggressive here. I have been waiting for this moment since March 2009....

According to my model, I don't see any risk here for FAZ at all - nothing. The upside for FAZ is incredible.

SC

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