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

Bullboard Posts

Comment by Barolo12on Mar 26, 2010 5:11pm

326 Views

Post# 16930027

RE: RE: RE: HND weekend hold?

Took my HND profit and sold just before the close. Now sitting in cash and will wait until Monday morning to figure out which way I will play it.

Right now I think D will be the play for next week given that the May contract sold down into the pit close and is now below $4.00.

I thought it was too risky to hold D over the weekend and expect (hope) to buy back my D on Monday at a lower price.

Not sure what would push NG above $4 next week so for me it is really a question of how low can it go. TA enthusiasts seem to say that $3.80 is the next support level. If that is true then there is still some good profit left in the D trade.

Bullboard Posts

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