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

BetaPro Crude Oil Leveraged Daily Bull ETF

Bullboard Posts

Post by bestioleon Feb 17, 2009 9:40am

530 Views

Post# 15782765

Do not touch!

I got out this morning with a loss of 12% in one day.

There is no way to make money with this position because of contango.
This thing is going to zero, then they will reset it in order to milk again stupids investor.

There is a good oil is going to $25. So you can expect more losses.

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