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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

Post by vlieton Jan 14, 2009 9:38am
293 Views
Post# 15703211

Out this morning

Out this morningDon't like how the contango is going.  All future contracts are priced higher than existing.  So we have been rolling into higher priced contracts in the $40 range yet the market likes oil at $36.  I believe the market will bring the March contract down as well.  I actually went short HOU for a bit here.
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