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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 pgpoorboyon Apr 25, 2010 6:09pm
578 Views
Post# 17029252

thx for your tech zeeshan..

thx for your tech zeeshan..
I read your blog regularly and find it most helpful compared to a lot of the rambling on this board..what  i do not understand is how the majority of people on this board can trade  a volatile commodity without using technicals..to me it is simply suicide for your acct...what i have an even harder time understanding is why these people actually seem to get abusive to tech advice...I see ludwig finally gave up on these idiots..like they say you can lead a horse to water........... I am exactly on the same page as you with regard to the techs...dailys look strong...weeklys still pointing down ..Do you ever use ATR (average true range) in your tech or ADX  I thought that from a daily perspective the ATR was turning up in support of the bulls but over the last couple days it has turned down ind'ng thismight be a short upswing as you suggested. I was waiting for the 440-450 area for the short you called a feww weeks ago but we didnt quite get there missed it DAMN  was a good potential trade. I see the same situation unfolding here but I get more nervous of the short with this energy field-triple bottomish formation going on here and the disconnect from oil prices per BTU  what do you think..will the summer seasonal weakness prevail  or  are we going to see gas finally playing catch up with the rest of the BS overpriced market...I guess one thing we need to remember is that with all the newly printed money in the system the price of real goods(commodities) has to go up on a relative basis because there are simply so many more dollars competing for an finite resource base ..I guesss these are the perils of a total fiat currency...anyways thanks once again for your refreshing and helpful blog and please post back wrt the ATR/ ADX question..goood luck buddy dont let the retards get you down.

poorboy...ps...i miss ludwig
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