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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 Veritas_vinciton Sep 16, 2009 5:52pm
337 Views
Post# 16312363

RE: RE: RE: RE: TREND UP--like I was saying before

RE: RE: RE: RE: TREND UP--like I was saying beforeHere is the proof...

Veritas_vincit2
9/11/2009 2:53:53 PM |  | 180 reads  | Post #27445376
"I am holding the loss and will sell for a profit in the coming days orweeks.  Friday profit taking is at hand.  Will come out on top in thenext days or so with a bit of patience.  Any entry point under 3 willpay good in the coming weeks.  The shorters will be covering nextweek.  After that I will be taking out the caviar."

Veritas_vincit2
9/14/2009 10:17:43 PM |  | 362 reads  | Post #27452476
"Formatting errors on last one...sorry.

Guess I was right all along, just slightly off in the timing.

Shorts and HND holders will get squeezed...Guaranteed.

Trend UP since bottom has been reached.  Short term is volatile but you can count on it going up from here with the usual ups and downs, but weekly averages will be up.

I don’t know how to make this any clearer...if you buy HND you will take heavy losses every week...you have been warned!"

.....................................

So I did call it....not an exact science...but on weekly average I was/am right!
Day-trading is a whole different beast entirely.

Tomorrow I predict a slight up on opening...then who knows...

So can I sell the inflated number of shares that I have from before or will it get rejected...since I have direct market access?  The price is adjusted but the number of shares is the same from before.  Maybe it's a glitch in the system and I can walk away with the 400%+ difference...



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