Replies to post #14657 on Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

It is designed to track 3X the daily inverse of the Russell 1000 Financial Services index on a single day basis.

http://stockcharts.com/h-sc/ui?s=$rifin

Over time, it is designed to lose value when compared to the inverse of the index.

http://www.direxionshares.com/pdfs/DS_Paper_011210.pdf

http://www.greeneconsults.com/direxion/