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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 ellgaron Jan 07, 2011 9:32pm
124 Views
Post# 17942421

RE: RE: RE: RE: 3 scenarios...

RE: RE: RE: RE: 3 scenarios...Yeah, I guess the sad reality is the market is stoned on cheap $$$ and big daddy bailouts so that stocks seem like the only place to be...place your bets cause you can't loose!
  Looks like the Fed achieved what they wanted...juice the market to lead the many and somehow jobs and housing numbers will keep the presses running.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities