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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 greenpastureon Sep 04, 2009 4:33pm
333 Views
Post# 16280315

RE: crazy day indeed

RE: crazy day indeedFor those with their head buried in the sand and lucky HND holders, today was Mar 19. HND will head back to 17.50 in the next few days, do a fib retracement, while little ol oversold HNU does a little run back toward the 40 and 50 MA. How many times has HNU fallen away from the 40 and 50 moving average and not come back to hit it in the past year? ANSWER: zero, none, always came back and touched them or nearly touched them. Willie bottomed and starting up, stockastic moving up from the bottom, capitulation vol on a higher low and high after a year low. Pull up a year chart and have a look. Don't study the 60.68 last Sept high. Study this fall bottom we just had with volume to confirm the shorts have decided to cover some of those Mar and May 9.00 and 10.00 sells and all the way down from there. No fundamentals here, just T/A and if I am wrong I will throw every book on T/A I have in the garbage. Oh, and if I am wrong. I will sell the ones I got this morning and afternoon at 1.67 with a .18 average loss and make nothing this week for all my hard work. All the best next week to all long weekend holders.
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