BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. 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, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

Bullboard Posts

Post by gsallon Sep 07, 2008 1:01pm

151 Views

Post# 15436973

Elliot waves, advisories and newsletters

As I delve deeper into technical analysis and specifically Elliot waves, I have trial subscriptions to Elliotwave.com, Neowave.com and MTPredictor. All Elliot wave based.
Also, Jay Taylor newsletter that Roger Wiegand contributes to.
Elliotwave.com predicts Gold down to $600 with no real corrections in between. Neowave shows a correction to $850 - $875 before resuming a downtrend and Roger is the only bull predicting Gold up to $1150 - 1175 before Thankgsgiving. I can post the charts if anyone is REALLY interested in disecting and commenting cause its going to be a pain to post them. Let me know.

gsall

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