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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 18, 2009 12:02pm
220 Views
Post# 16318610

RE: TREND STILL UP

RE: TREND STILL UP"Natural Gas will be going up slowly...in the interim there will be lotsof volatility. As before HND holders will get squeezed. Don't believeme...buy HND and hold it for a week or two and see what happens.

Ion the other hand can hold HNU for a few days or a week if necessaryand come out on top since the general weekly trend is Bullish onnatural gas. Intraday trading is a different beast altogether.

Either way taking a position in HND is like begging to be slapped around."


The trend is still up like I said before and we will close in on 15 today and more next week. Volatility is always a factor! Also keep in mind that some people can't trade and it's Friday also.
Bullboard Posts