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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 kerbaciouson Apr 14, 2011 12:33pm
124 Views
Post# 18431341

RE: RE: RE: Maxcan Target

RE: RE: RE: Maxcan TargetMaybe I read it wrong.Does not matter...Just a trade

We can have an objective view by some NG suppliers / speculators whereby they see short term demand and spike NG up a bit more. I called in my post this bounce once we broke down through NG $4.05 expecting the range $4.10 to high $4.17. 

I am prepared for a price tomorrow of HND $8.55. Thus, whatever I carry through report on HND I will be prepared to stop and then double position size for following week. This premis can be wrong. Just a NG trade and stop without hesitation. 

My first take is we will see NG drop in price at end of day Thursday. Expect the report will be irrevalent -- the trade will be the weather expectation and production going forward not past week consumption / production. This week report may signal warmer entry to spring weather
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