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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 redneck1on Feb 23, 2010 3:50pm
222 Views
Post# 16812099

RE: RE: RE: RE: RE: RE: I'm in 8.49 1K to start

RE: RE: RE: RE: RE: RE: I'm in 8.49 1K to startI am mainly a gold/silver player, i  bought natgas for the first time  when it  wasabout 2.80 last year- which coincidentally is around the same time you bailed out.  If you were smart and continued buying you would have done well.  Also you buy in an inverted pyramid, you buy bigger as it goes lower, so your biggest purchase will be at the lowest price.

when a store has a sale on your favourite product, do you say forget it, im not buying at 48% off, and wait to buy when the sale ends?  no, you dont, so why did you do it  with natty?-- because emotion got the best of you- why? because you tried to predict price. The market trashed your opinions, and didnt let you sleep at night, down day after down day made you think crazy thoughts, like Natty is going to zero. 

stop predicting price, start reacting to it. you CANNOT LOSE....unless natty really does go to zero, but if it does, we wil all be living on the streets fighting a civil war. so who cares.



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