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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Post by Barolo12on Jan 12, 2010 3:59pm

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Post# 16670191

Out of both for now

I was in and out of U twice today and D once. Managed to make $ on each play and holding all cash until tomorrow. The NG market these days is a day traders dream, not one to buy and hold.

My plan is buy into HND if the price of NG move up tomorrow assuming a pull back sometime during the day. If NG is falling in the morning I don't think I will buy HNU because my bias is still in the bear side of things.

Most likely will be in cash until the draw numbers on Thursday. If they are above 250 I think NG will head towards the high $5 range and I will then load up on HND.

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