Replies to post #10107 on Direxion Daily Financial Bear 3X Shares (FAZ)

[gomucp]

Nice story, sometimes the truth hurts!

By the way, did anybody else catch the story on FAZ on CNBC's Fast Money tonight??? They may have just saved a lot of people that think this play is a long term play. I'm watching the indexes to make my decisions, but the technical analyst had a pretty clear explantion of the percentage gains and losses and how they affect your return. I'm long, but if anyone would like to throw out your thoughts on this topic, I'd be more appreciative than remorseful in hearing your thoughts. Thanks in advance for your comments.

[xe2dy]

"Meanwhile, the saving rate, which had been only 0.2% in March of 2008 exploded to nearly 7% in May 2009.

No consumer spending, no sales. No sales, no revenues. No revenues...no one can stay in business.

No small businesses. No new jobs. No new jobs, no economic recovery.

No economic recovery and the meddlers are back on the Hill asking for more power and money.

No surprise there."