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

Bullboard Posts

Comment by JustLongon Jan 10, 2009 8:23pm

343 Views

Post# 15696687

RE: RE: RE: I'm waiting for around 9.00

The HOU s/p is a result of the $WTIC,(think of HOU as trailing)so if $WTIC make another good drop then it may take out the HOU low at $9.60.With the daily ETF reset,if $wtic hits 35 again(for example)the HOU at 9.60 from Dec will likely be lower than that.This time 35 oil may result in $9 for the HOU.
If wtic can hold this area then a higher low may result in a brief uptrend.R is est at about 49 which will be in the area of 16 for hou.Draw yourself some trendlines.Happy tradin' y'all.
https://stockcharts.com/h-sc/ui?s=$WTIC&p=D&yr=0&mn=1&dy=0&id=p37059576388

https://stockcharts.com/h-sc/ui?s=HOU.TO&p=D&yr=0&mn=1&dy=0&id=p22093626773

JL