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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 11:49pm
203 Views
Post# 17841777

RE: RE: S&P couldn't hold onto 1245

RE: RE: S&P couldn't hold onto 1245Pardon me FOMC is 2:15ET.  S&P may rally up to high 1240 right after the FOMC before collapsing into the crash. 

SC
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Dealroom for high-potential pre-IPO opportunities