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

Bullboard Posts

Comment by Stocksnchartson Apr 12, 2011 10:08am

139 Views

Post# 18418413

RE: RE: RE: RE: RE: RE: RE: RE: Fundamentals

It's just a question of timing imo. I think we are heading to 1206 S&P, and FAZ $46-47. It's a matter or whether we have any more bouncing around first or just plunge right here.

Watching closely for timing confirmation.

SC

Bullboard Posts

Invest wiser with BMO's InvestorLine Platform features