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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 greenpastureon Jun 22, 2010 7:08am
194 Views
Post# 17209506

RE: RE: daytraders will be eliminated

RE: RE: daytraders will be eliminatedyes, I am convinced that the powers that be just cycle this back and forth. Get too great a percentage move one way they can find a reason to move it the other. What was it this time?  Tanker costs are down so they can store more NG. (Give me a break!!) It is a game with these guys to run the market back and forth so they can make a living........................03 Mar 2009 ... Many oil tankers are little more than floating storage facilities now. ... thirst for oil are now parked offshore, fully loaded, anchors down, their crews killing time. .... Analysts still feel BP can cover Gulf costs..........June 22 (Bloomberg) -- Liquefied natural gas traders are taking advantage of the lowest shipping rates in five years and rising prices in the U.K. to store fuel on tankers and profit from higher values in coming months.................That is why running hnd/hnu or hod/hou is a good way to play with protection on the moves and watching out that greed does not enter in. If you happen to get stuck with a few on the wrong side(like 2500 hnd I have just above 6.00, just grab a few more to daytrade a dollar or so cheaper) The HND has already dropped in half while the HNU has doubled in the past 6 weeks so daytrading a few of the HND is pretty safe, and one gets a bonus like yesterday once in awhile ...................Won't get rich overnight but can make a decent living with 20-40 grand capital working 2-4 hrs a day in these retirement years. I have had just over 100 trades on both the hnu and hnd since January and cleared just over 25,000.00 and still have protected my initial capital with a 250.00 average trade profit. The 1000.00 dollar cost of trading these(9.99 at TD) has really helped. Got kicked in the teeth enough over the past 30 years to know that someone is always out there waiting to grap your profit....................... I am looking for the HND to test 6.37 and if so then 8.64, 9.20 and finally 9.71 before the summer is over. The HNU could easily fall back to 4-5 and then they will do another 3 or 5 for 1 to get it above 10.00 again. In 2009 they did a 4 for 1 and a 5 for 1 so who knows what they will do in 2010 if NG holds below 5.00. The HND is only working with 15 million or so o/s units so I guess they could do a 1 for 2 again with that. All the best to you traders and I agree...... keep this board HNU/HND related. (ignore button works great for others)
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