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.
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Ocean Man Bought some INDZ India Bear at 36.67. Down 10% last 2 days, but numbers getting worse, default discussions in newspapers.
5/25/12
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Ocean Man: Don't have link to Indian paper, but this Reuters article sums it up well: http://yhoo.it/KTqUzI (from Tuesday)
5/25/12
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neobliviscar: Thanks for that. A co-lieutenant at former firm was very intelligent Indian guy. Despite rivalry, miss his insight. Incredibly astute trader
5/25/12
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Dr. Kris (cont'd) Play the breakdown by going long their ultrashort counterparts: Brazil (BZQ), India (INDZ), China (FXP). Options on the BZQ & FXP.
2/9/11
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Ocean Man Bought some INDZ India Bear at 36.67. Down 10% last 2 days, but numbers getting worse, default discussions in newspapers.
5/25/12
Reply
(8)
•!Report Abuse
View all 8 replies
Ocean Man: Don't have link to Indian paper, but this Reuters article sums it up well: http://yhoo.it/KTqUzI (from Tuesday)
5/25/12
•!Report Abuse
neobliviscar: Thanks for that. A co-lieutenant at former firm was very intelligent Indian guy. Despite rivalry, miss his insight. Incredibly astute trader