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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 nolizon Feb 01, 2009 12:24am
369 Views
Post# 15743380

RE: Oil in summer '08 = Tulip Bulb Mania?

RE: Oil in summer '08 = Tulip Bulb Mania?Tulip bulbs are useless.

Oil has become an essential part of our lives.
It does all our work for us.  Drive your car for 10km and then push it back home, how much is that worth to you?
Remember the old generator bicycle lights, how hard was that?

That analogy with the bulbs is so intellectually limited.

The world uses 80million barrels a day.
2.4 Trillion a month.

The surplus means nothing.
I am not in HOU right now but sitting on the sidelines waiting....
Bullboard Posts