Direxion Daily Technology Bear (TECS)

[A320CA]

Head fake! AAPL down - finally some of the reports are sinking in. This looks like we'll correct through that small 4% down we had. Maybe 10-15%?

The original thought behind TYP was that the Nasdaq had climbed so far is short order, due to AAPL mostly, but all techs. Generally the sector that rises really fast - will be the first to correct fast.

That's the premise anyway.

This is a good day for us!!