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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Comment by Stocksnchartson May 27, 2011 12:42pm

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Post# 18635332

RE: RE: RE: RE: Time to short again

Spec,

Thanks for the stats. That fits well with what I am seeing. Tues/Wed looks like a selloff to me to test this weeks lows, later in the week another rally. The week overall could be up slightly at the close next Friday. Also I agree that the following week looks worse.

Very pleased with the setups here. It's a trader's mkt.

SC

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