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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HZOZF | HROZF

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 nedbradonon Mar 24, 2009 8:37pm
938 Views
Post# 15867721

RE: Crude stocks rise by 4.6 mln brls in latest we

RE: Crude stocks rise by 4.6 mln brls in latest weI would say after the report the market is down 1% which is HOU down 2%.  It usually goes lower when the US markets open so you may get lucky to get your money back since you bought at the low today, I personally think oil is toppy at $55 and your playing with fire buying HOU right here.  It will open tomorrow around $7.25 if all stays the same, but i think it's going lower than that when the market opens.  That';s a big inventory build up.
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