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Direxion Daily India 3x Bear ETF (INDZ)

- NYSE
INDZ is defunct since September 5, 2012. Closed due to lack of investor interest
  • Ocean Man | Send Message 25 May 2012

    Bought some INDZ India Bear at 36.67. Down 10% last 2 days, but numbers getting worse, default discussions in newspapers.
    Reply (8)
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    • Ocean Man | Send Message 25 May 2012
      : Don't have link to Indian paper, but this Reuters article sums it up well: http://yhoo.it/KTqUzI (from Tuesday)
    • neobliviscar | Send Message 25 May 2012
      : Thanks for that. A co-lieutenant at former firm was very intelligent Indian guy. Despite rivalry, miss his insight. Incredibly astute trader
      • Dr. Kris | Send Message 9 Feb 2011

        (cont'd) Play the breakdown by going long their ultrashort counterparts: Brazil (BZQ), India (INDZ), China (FXP). Options on the BZQ & FXP.
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          INDZ Description
          The Direxion Daily India Bear 3x Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Indus India Index. There is no guarantee the fund will meet its stated investment objective.
          See more details on sponsor's website
          Country: India
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