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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s 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%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Comment by Hqzuj12on Feb 02, 2009 5:39pm
463 Views
Post# 15746513

RE: RE: WORLD's THIRST for OIL TANKING

RE: RE: WORLD's THIRST for OIL TANKINGWe are more likely to use up all the reserves of oil in the US before that happens. You can't just drive into a fueling station and say charge up my car please in less than 3 min. No one has the time to wait hours for a recharge or even wait 15 min to change battery packs. Electric cars will have to be for city driving and plug into wall sockets. Too many have can't afford a new electric car and are more likely to use gasoline for the next 10 years.
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