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 18, 2009 8:38pm

269 Views

Post# 16082728

ARZ

For the 3 odd years I've been holding ARZ, there are sometimes I really want to sell it and rebuy lower like last time it reach $6 but never did. Today higher than average volume is a concern, it is at $4 support right now. IMO ARZ didn't drop as much as some of the large caps from beginning of this month...it is just doing some catching up....if this sector is going down further, it may hit 3.50 Also insider selling at around 4.5-5 is not encouraging either.

I think some traders/investors are getting nervous since consolidating at lows for most major is not a good sign and a head fake of Aug Gold breaking 940 during yesterday evening hours may signal gold to break 925 soon.

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