BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s): HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Comment by mikerosoft666on Jan 28, 2009 4:15pm

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Post# 15734870

RE: RE: RE: well kids.....

Yeah - but it does feel like the stuff last week was made of. Numbers sucked but we rallied up to $48.

So I asked myself... "Am I comfortable with that feeling you get when you wake up in the morning and you see your stock has dropped another 10% and the day hasn't even started yet ? And I guess I'm OK with that chance. It's the days where it has to go right and you aren't prepared for the losses that actually hurt.

But I have this feeling. Hell.. Specboy is sitting this one out so I figure that means there is a "fool's chance" I could win this one. If Spec was buying a double position in HOD to hold overnight I would be biting through my nails by now and would be up to the first knuckle already...

I don't know what caused oil to rally last week so I am not in charge of my investment strategy here... that's was makes me the most nervous. But I think there is as much chance it is going to repeat the pattern. I think the traders are demonstrating a speculation that something good is coming out "Bad Bank" and congress although I can't imagine what.

I also suspect too that the market will wake up one day and decide that they heard all the bad news. Kinda like when a town is burning except for city hall... then the local news interrupts the radio program to announce that the City Hall has just caught fire and the fire department have had to back out of the town because of the danger. The entire town is going to burn. Well, the market would react but have already priced in the cost of rebuilding and recovery and finding homes for everyone. Some would be expecting that this news would drive things down further because it hasn't been spoken yet. Could be the market has already priced in the mess that occurs over next 6 months and is trying to see some light at the end of that tunnel.

I don't know this for a fact, but I am saying one of these stupid rallies is going to be exactly that... THE ABSOLUTE BOTTOM EVER IN MY LIFE TIME, and it will happen before I know it was the bottom. The market could already have priced in the crap I haven't even heard or read about yet through the media.

Whaoh !!! Anyone want a hit of this thing I'm smoking ??? LOL...

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