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

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Comment by Cartman666on Jul 13, 2009 4:18pm

254 Views

Post# 16134292

RE: What is your break level ?

laserray - sorry to hear about your loss - I took one like that on the chin earlier this year. It's hard to tell when to sell, since usually whatever I sell at a loss bounces the next day.. lol. I know a ton of people who bought Crude Oil at $50 on its way down to the $30s. I don't want to repeat these mistakes and regret not making the profit originally intended. If NG gets down to $2.90, that puts HNU at $3.13 or so. Might be a good play there. Or some extra hot weather or a hurricane could come in to save the day and NG flies back up to $4.00 this month.

GLTA,

C-man

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