Replies to post #13082 on Direxion Daily Financial Bear 3X Shares (FAZ)

[ItsMyOption]

Thanks Cooky that helped, and if I have it right.
One would buy FAS if you think the Financials will go up.
One would buy FAZ if you think the Financials will go down.

Cooky is that correct? I just bought the FAZ, and I think I should have bought the FAS – it is a little confusing.