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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

BetaPro Crude Oil Leveraged Daily Bull ETF
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Comment by stockwhispereron Dec 04, 2008 6:42pm
250 Views
Post# 15628536

RE: RE: RE: RE: Bloomberg

RE: RE: RE: RE: Bloombergit would impossible to do that. the economics now do not support oil at $25.00. the demand would allow it to happen.
there are more cars now on the road than 4 years ago.
there are more planes now
people are travelling more and more.
projects here and there.
yes, there is a slow down but it does not support $25.00 oil. that only means everything we is shutdown.

IMPOSSIBLE.

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