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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

Comment by 007daveon Jan 15, 2009 2:14pm
309 Views
Post# 15707044

RE: When?

RE: When?How can you go all in on $30. If oil did go to $30 feb look at the contango effect people. March is about $8 higher and if you look forward to june and july those contracts are about $20 higher. LET ME REPEAT LOOKING FORWARD FOUR OR FIVE MONTHS OIL IS PRICED MORE THAN 50% HIGHER. So why would you buy hou the contango effect is killing hou. If you want to be in oil why dont you buy heu instead. heu made its lows back in november and has held up quite well. No worries about contract expiration or contango which is actually good for oil companies.
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