BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZD

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 moneydiggeron Sep 11, 2009 10:10am

224 Views

Post# 16296847

RE: My Trade for 100,000 HNU......................

good move jeff, you will make good coinage here. People see a small pause today and are worried. To me this is the confirmation that this thing will go up. A pullback this morning would of shown a sucker rally. The gains held nice in the first half hour confirming the rally to be real. This thing will not go to at least $3.60 (my prediction) in one day, but will make it there for sure. Once it gets there I will check the chart again and will decide what to do. I can see today as being a day of people adding to NG and others taking profits since it ran so much yesterday. Expect a neutral day and like you did, its a good time to start or add to a new position.

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