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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 Sep 12, 2011 1:32am
182 Views
Post# 19031722

RE: hey SC

RE: hey SCThere is what looks like a flag in place, but it may be too obvious.  Sometimes they just see only a fake break and then reverse.  Let's see how it develops further early this week.

Some of my indicators look bullish on a short term basis for the mkts this week.  I've been trading the swings up and down and looking out a week at a time with good success.  Plenty of action to trade in this mkt!

SC  

  
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