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Direxion Daily Financial Bear 3X ETF Message Board

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  • indian8788 indian8788 Jul 27, 2010 2:02 PM Flag

    key thing to understand

    don't need exact date. You see I have something called patience and the crash will happen in the coming months. Who knows when they will let this fall as they are doing an amazing job raising the market up on no volume right now. But with FAZ a 3X bear ETF, when the crash happens, I will make 3X as much money as I could have shorting something else. People on this board talk about decay. Decay is inconsequential when the bear ETF is 3X the inverse of the market and a crash is imminent. Within the next few months.

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FAZ
10.35-0.28(-2.63%)Jul 29 4:00 PMEDT