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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

Comment by moneydiggeron Sep 16, 2009 9:17am
316 Views
Post# 16309917

RE: today

RE: todayYou have to be careful, the more you hit the resistance, the more chance of breaking it.   Its like knocking on ice, the more you hit it, it will crack then eventually break.  For resistance, I would watch the november contract.  If it breaks $4.50ish while October breaks $3.60, I would be a big buyer.  It sure wants to go through.  Its staying up there and if this keeps up it will eventually get through it.
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