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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s):  HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. 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, HOD employs absolute leverage.


TSX:HOD - Post by User

Comment by mikerosoft666on Jan 14, 2009 4:51pm
161 Views
Post# 15704768

RE: RE: RE: RE: Any suggestion Pleaseeeeee

RE: RE: RE: RE: Any suggestion Pleaseeeeee
Livenlearn...

I agree with your logic... but the rallies seem to be senseless and pure manipulation which means you could always get caught in a cross-fire.  I'm surprised the TSX isn't down to 7000 at this point based on expectations for economy.   But there you have it.  Money seems to be flowing in and out right now...

I stopped out for profit today but left a lot on the table as I came out too low.  Didn't want out today which is why I used a lower stop loss.  Boy were my eyes wide when it dropped like a rock...

Nonetheless,  my cash is in my pocket tonight which allows me to sleep like a baby.  Will be looking to get back tomorrow morning if direction is clear.


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