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

BetaPro Natural Gas Leveraged Daily Bull ETF

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Post by greenpastureon Mar 08, 2010 9:51am

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Post# 16854941

Still think we are repeating Aug / Sept

Earlier post " I am still holding off buying the HNU. That NG jul/oct uptrend broke and 4.52 is the 200 MA. The weekly 40 MA is 4.47. If these cannot hold, we are looking at 3.25 again. The HND ran from 4.56 to 13.75 Aug 5 to Sep 3 2009 and is on the way to matching that. The HNU, with the 5 old for 1 new, was equal to 8.15 then. So with the HNU breaking 8.00 and the HND still in the 6.50 area, we are close to where the HND will once again surpass the HNU as NG heads back toward the 4.00 area. Potential reverse H & S on NG there. My take anyway. I am seeing no reason to get back into the HNU at this point."

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