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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 hossain499on Jan 16, 2009 10:56am
236 Views
Post# 15709059

RE: RE: How far oil can drop?

RE: RE: How far oil can drop?
Hi Cartman666:
Thanks a lot for your response. I totally agree with you. 
Actually I want to hold HOU for loger time say about 3-5 years. I am planning to accumulate upto 5000 HOU and betting the rebound of oil price within 3-5 years time horizon. I personally see a huge opportunity at this time if you forget about short-term noise in the oil price. Do you think it is safe bet?

Thanks again for your reply.

AH   
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