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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 Aug 08, 2011 5:26pm
161 Views
Post# 18918665

RE: RE: RE:

RE: RE: RE:Not sure what you mean what will the fund do? 

I think could see 1095 tomorrow morning for SPX and a large bounce to 1200 area tomorrow.  I'm long a bunch and will be buying more tomorrow.  Very dangerous to be short.  The coming squeeze will ruin the shorts.  I'm serious about this.  Watch out...

SC 
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Dealroom for high-potential pre-IPO opportunities