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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs investment objective, is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times 200 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Comment by mikerosoft666on Jan 20, 2009 1:08pm
236 Views
Post# 15716175

RE: RE: Specboy...

RE: RE: Specboy...
Thanks for your thoughts man...

WJA I love.  I have a friend who works there... says she's an owner... :-)

Interesting you like L. I work in the grocery industry and we are seeing 8% week over last year's week so things are strong as can be expected in this market...  as well.... L has solved some of their operating problems I guess.  I stay away from Pharma because I have never spent the time to learn anything about it and am sure I would Buy High / Sell Low if I did.

Glad you warned me off of Nat Gas as having a lower prospective.  Oil would not appear to be as lucky and looks like it can still drop much lower in the short term.  Not committed to it but like holding for a few days at a time to catch that morning dew when oil has a 3 or 4 day headache.  But the spikes can give me a headache... LOL

"Nothing has changed. US housing continues to be the root of any and all recovery......and this is still very very grim."

This becomes a mantra over the next months of this market.  Oh sure,  we will have some rallies,  but for the most part listening to financials news makes me want to puke everyday,  perhaps in empathy for what the economy is doing everyday,  just that,  puking...

I keep trying to guess where financials will turn and have picked my way in & out of HFU... always too soon and always too late to maximize the small moves it makes - but still paying off my stupidity the first time I grabbed it and lost $3 in one day... ouch !!! 

I keep hearing  "The financials led us into this mess and will be the ones to lead us out eventually..."  -  not smart enough or seasoned enough to know if that is true but will try and play it when the time is right.

Thanks for your opinion today...  GLTY
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