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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs 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 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Comment by Cartman666on Jul 02, 2009 8:41pm
467 Views
Post# 16114127

RE: so many BULLISH,,more DOWNSIDE

RE: so many BULLISH,,more DOWNSIDEAmazing - some of you guys are like a bunch of women who sit on the edge of their seat during The Young and The Restless.  We have a couple of down days and suddenly everyone and their grandmother comes out and starts making 'calls' on the market.  Just like when Oil got to the $30s, people started saying we're gonna see $15 again soon.  Were were you f**kers when Oil was coming off of $149 on its way down to $32.  No one thought we would see $80, nor $50, nor $32. What a joke.  We will see HNU at $4.00 due to erosion if NG just moves up and down in a range around this level, nevermind if NG continues to fall.  NG may get down to $2.80, it may not. Rest assured it only takes a *sniff* of a storm or hurricane and we'll start seeing consecutive 30 cent moves on NG in one day.

Curious what you say when NG starts pushing up towards $6 and $7 again for "no foreseen reason" - just like Oil moving up to $70 against gravity.

Everyone apparently has a short memory in this business... but I enjoy reading some of the posts b/c I may as well be laughing while I'm trying to scrape up money to cover my margin call :)
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