THE PARADIGM SHIFT

[laurap]

its gonna break out alright.lol - reverse split coming.

Direxion, the ETF issuer popular for its line of leveraged funds, has announced an upcoming reverse share split on four of its triple leveraged ETFs.

The ETFs scheduled for the reverse split on July 8, 2010 are:

1. Direxion Daily Energy Bear 3x Shares ERY
2. Direxion Daily Real Estate Bear 3x Shares DRV
3. Direxion Daily Small Cap Bear 3x Shares TZA
4. Direxion Daily Technology Bear 3x Shares TYP