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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

Post by CurlyMickon Dec 09, 2009 8:27pm
517 Views
Post# 16571266

Don't Overcomplicate This Trade

Don't Overcomplicate This TradeLooking at the analysis that some have provided here, it seems that the speculation plays are not truly considered and people are seriously looking at this as a stock (investment) instead of a leveraged play on spec.

Tomorrow at 10:30, don't expect a huge draw down on inventory. However, there will be lesser lights who jump on this for the first 90 minutes. I'll wait until they take there twice weekly profit (oh I do that too) and we'll get back to a resistance level (I hope) that won't be seen again for probably two months. I can only hope (this is just gambling) that the 5 hour downside will be a steeper ride than the 90 minute upside.

Love the dips...let's get rich.
Bullboard Posts