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  • Had Enough Volatility Yet? Direxion Set To Launch 3X Leveraged ETFs [View article]
    FORTHCOMING CLASS ACTION LAWSUIT?: There have been two salient pieces of analyst insight into Direxion Funds that portray a picture of malific manipulation on the part of the Funds. One by Jim Cramer in a rant that these should be illegal, because they dump shares at the end of the trading day. This means that if you are not a day trader; there is no correlation to the related index that these funds portend to follow. There was another another piece that demonstrated this graphically by charting both a long and a short Direxion ETF against their followed index. BOTH the long and the short were BELOW the index after the charted period of time. Lets look for our letters asking for our participation in the legal action.
    Dec 08 12:40 pm |Rating: 0 0 |Link to Comment
  • Highly Volatile, New, Direxion Triple ETFs Could Revolution Day Trading  [View article]
    FORTHCOMING CLASS ACTION LAWSUIT?: There have been two salient pieces of analyst insight into Direxion Funds that portray a picture of malific manipulation on the part of the Funds. One by Jim Cramer in a rant that these should be illegal, because they dump shares at the end of the trading day. This means that if you are not a day trader; there is no correlation to the related index that these funds portend to follow. There was another another piece that demonstrated this graphically by charting both a long and a short Direxion ETF against their followed index. BOTH the long and the short were BELOW the index after the charted period of time. Lets look for our letters asking for our participation in the legal action.
    Dec 08 12:37 pm |Rating: 0 0 |Link to Comment
  • Direxion Launches 3X Leveraged ETFs [View article]
    FORTHCOMING CLASS ACTION LAWSUIT?: There have been two salient pieces of analyst insight into Direxion Funds that portray a picture of malific manipulation on the part of the Funds. One by Jim Cramer in a rant that these should be illegal, because they dump shares at the end of the trading day. This means that if you are not a day trader; there is no correlation to the related index that these funds portend to follow. There was another another piece that demonstrated this graphically by charting both a long and a short Direxion ETF against their followed index. BOTH the long and the short were BELOW the index after the charted period of time. Lets look for our letters asking for our participation in the legal action.
    Dec 08 12:35 pm |Rating: 0 0 |Link to Comment
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