Direxion Daily Russia Bear 3x (NYSEMKT:RUSS)

CAPS Rating: 1 out of 5

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Player Avatar TerryHogan (99.94) Submitted: 2/1/2013 1:44:42 AM : Underperform Start Price: $13.17 RUSS Score: +50.55

I dont know enough about the situation over there to make a bet on Russia one way or the other. I do love how it's a "Russian Bear" fund, that's pretty funny. But betting against leveraged short etfs is easy. Plus Russia has a lot of things going for it, not the least of which is a tonne of hydrocarbons next door to some of the biggest consumers and importers of fossil fuels in the world.

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