In the Brink of a Bear Market of which has happened 3 times in August alone a ETF of which could potential help you during these down times is Direxion Daily Finan. Bear 3X Shs(ETF) (FAZ).

Sell Offs Last Month!! August 2011!

August 1st, to the 5th, resulted in a jump from $49.00 to a high of $79.00 in 4 days! +$30.00 or 38% jump

August 17th-22th, resulted in a jump from   $57.56 to a High of $71.27 + $13.71 or 19% jump

Sell Offs already this Month! September 2011!

September 1st-6th, resulted in a jump from $51.29 to a of $66.42  +$15.13 or 22.8% jump

 

With (FAZ) currently around $55.00 it might be worth your penny to buy a few shares and bet that the market will have another big drop.

Another ETF to add to your watch list is (EDZ)!
Disclosure – Currently I hold a Position in (FAZ), but not (EDZ) and do not plan to initiate another Position within the next 72 hours.

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Comments
  1. John says:

    Nice post.it will jump again this week

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