HerefordSire
Well-known member
Be careful with this...very risky...only experienced should partake....
This is a 3X ETF Bear of financial service companies:
Price closed @ $26.39 per share today. I want the shares to rise meaning the market financial service company shares are falling in price.
Any price between $25 and $30 is a relatively good price. I am expecting a double in the short term.
This is a 3X ETF Bear of financial service companies:
The investment seeks to replicate, net of expenses, 300% of the inverse daily performance of the Russell 1000 Financial Services Index The fund will invest at least 80% of assets in securities that comprise the index. It will also utilize financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The fund is nondiversified.
http://finance.yahoo.com/q/pr?s=FAZ
Price closed @ $26.39 per share today. I want the shares to rise meaning the market financial service company shares are falling in price.
http://finance.yahoo.com/q?s=faz
Any price between $25 and $30 is a relatively good price. I am expecting a double in the short term.