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

BetaPro Natural Gas Leveraged Daily Bull ETF

Bullboard Posts

Comment by Cartman666on Jul 07, 2009 8:59pm

397 Views

Post# 16123094

RE: Any Reveral Seen soon???..

I would expect to see at least a technical bounce for both Oil and Gas, if not a short cover rally. Both are oversold in the short term now, but as we've seen in many cases, things can remain oversold (and overbought) for extended periods. As for a reversal, all NG needs is some talk of a hurricane brewing to send it back above $4.00. Looks like it will go lower otherwise, but any reversal will be strong and many people caught on the short will get burnt worse than the longs did since buying in last week.

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