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.

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Direxion Daily Financial Bear 3x Shares

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Post by Pyratzon Mar 16, 2011 3:58pm

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Post# 18295063

JAPAN SEEMS TO BE TIPPING POINT..

The events worldwide are ripe for not only massive destruction of wealth but also human life .
Japan could very well be the straw that broke the camels back. Nuclear Radiation Cloud....drifting across the pacific toward west coast USA....
The DOW should be down 3 to 5,000 points in short order.
Scary days for humanity. But then again ancient prophecy has predicted world events would spiral out of control in the last days... The mayans.....the hopi indians....australian aboriginals. I believe that time is "now."

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