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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 JustLongon Jan 29, 2009 9:07pm
415 Views
Post# 15738952

RE: RE: RE: Fundamentally/Paul

RE: RE: RE: Fundamentally/PaulI know,supply,demand,economic recovery or lack of,over production of targets set by OPEC,speculators etc etc.No one is laughing at you and my other post was not ment to bash and IMHO oil trends down.Here I am on the HOU speaking about a lower oil in the future.I'll get my face ripped off.Re:NG at 14 could be part of the saying "overdone at the top and overdone at the bottom"the NG traders control the price.IMHO NG is about bottom.Back to oil.My other post was just to say IMHO not to underestimate how long oil can stay down/go lower,because it can(if you are trying to pick a bottom).IF this 40ish area is going to be a reversal then maybe 100 is a good longer term target."longer term" is getting to be pretty vague these days.GLTA

JL
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