Direxion Daily Financial Bear 3X Shares (FAZ)

[CluelessStockJunkie]

Question and help please: New to the board but not to FAZ. I am looking at buying about 1000-2000 shares and hold long term.

Questions is, what do you think about this entry point?

I have seen it lower but feel the market is topping and the collapse will commence in the next cpl months. I was hoping for $25 a share and I might not get it.

Also, I am TERRIBLE at the math on this thing. In theory, if the market went to 8000 what would the [rice of FAZ be at??