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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 RichyRich$on Feb 17, 2017 4:26pm
115 Views
Post# 25863527

RE:WHAT TO DO FOR LONG WEEK-END?

RE:WHAT TO DO FOR LONG WEEK-END?YD... I remember this pattern of natural gas a few years ago. It got slaughtered due to a warm winter. I got fooled back then thinking, well winter is not over yet, it can keep going down. But what happens is the panic selloff was overdone and they soon start focusing on how hot the summer will be and hydro for air conditioning creating demand for natural gas sources for hydro.  I don't follow any of the fundamentals. Literally ZERO.  All technical analysis.   And it worked well for shorting natural gas near the peak earlier this year.  Made quick cash shorting.  She moves fast when she moves and I think Tuesday will POP hard to the upside !!!  I put quite a bit of money down. Very confident in the upside play.  Even if it did drop, it would just double bottom at $2.60 and rebound hard and fast.  Low risk versus high upside.  I did read a few stances on hedgefunds on their stance on natural gas.  And many are bullish longterm. This is just a pullback before headed to $5.00.
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