Direxion Daily Financial Bear 3X Shares (FAZ)

[rainbow12345]

Agree 100%. There was no tech recovery after 2000 bubble
burst. Not much hiring in tech jobs, the csco's and intc
were outsourcing US jobs and only job growth was in housing
releated field.

We have 4 major financial institutions almost gone.
Bear Stern, Lehmen, Fannie, Fredie.

It is very shocking to see financials rally like this in last
2 months.

This rally is way too overdone based on fundamentals and
technicals.

What is going to create new growth, spending is not a solution.