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 18, 2010 6:30am

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Post# 16896849

Purely Technical... but it works

My numbers for the HNU is around 6.58. If that does not hold and we get below 6.20 on NG my second number for HNU is 5.54 with NG back to the 3.22/3,25 area like last june/july. June 16 2009 HNU was 39.15 High {with split) and fell to 8.25 (with split) Sept 3. That 8.25 is now worth 6.71 and still dropping. That was a 55 day drop Jun to Sept. We are at day 45(today) from HNU high leg Jan 7 2010. Even if I am right on 6.58 area for the HNU, I will not be counting on more than 10.50 on a 3 month up move.

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