BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s): HZNSF

HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Canadian Gold Miners Index. If HGU is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. Conversely, HGUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGU employs leverage.

TSX:HGU - Post by User

BetaPro Canadian Gold Miners 2x Daily Bull ETF

Bullboard Posts

Comment by stockabcdeon Jun 17, 2009 6:55pm

176 Views

Post# 16079239

RE: RE: ok dreamers Probably NOT

Gold seems to find support at the 925 area and it recovered 935, next is 940...stocks not following yet so it is still choppy as Dollar is now moving in tight 1.38-1.4 Euro, Can't tell which way it is heading yet but in anycase if 925 give way, 880 will over extend ie way too oversold not to buy.

Very choppy market here....watch S&P 910...close above indicate 940 below 880, 30 points ether way...this way affect gold stocks.

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