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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

Post by oil-guyon Feb 12, 2009 10:23pm
326 Views
Post# 15776021

gasoline is up becuase refiners are in control

gasoline is up becuase refiners are in controlinventories of crude are high due to the lack of draw downs from refiners....They choose not to draw inventories of crude to make gasoline, putting a run on gasoline so they can increase the price and putting more pressure on crude.  Once refiners start making gasoline they will draw on the crude stock and will kick start the cycle.   800,000 barrels a day extra is much under regular circumstances.....is just a matter of time...stand back and wait....once the turn comes triple down on HOU and Short HOD....enjoy....patience...just a few more months
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