Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Aug 11, 2010 8:15am
577 Views
Post# 17340376

RE: RE: RE: Ng Direction

RE: RE: RE: Ng Directionexactly Roberto, good post. I am not sure if I would buy 5000 all at once but I will add if 7.00 and 7.24 gets broken on the D. Still sitting on a few U at the moment. Exciting fall I suspect with volatility but not counting on an exact picture of last year this time when father DOW just came out of 6469 in the spring and made it back to within 1000 pts of a double by Apr this year. Typical retrace after the market loss we had but the pull back to 9614 we just had (without supporting volume) was a fake move. The big boys that have been on vacation for the summer will want a better entry than we have today so I am counting on puts and shorts over the next 4-6 weeks ( think 1150 will hold on Gold) The U already has had a lot of fluff taken out of it over last year  How much more can they discount ng keeping in mind the $ is worth less and less as they print more and more? That 5.00 you have in your pocket today could buy the same thing for 1.00 in 1970. So NG at 5.00 is cheap, cheap cheap but will stay that way until another turn around in the general market.
Bullboard Posts