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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 cwhaleron Mar 31, 2010 3:22pm
290 Views
Post# 16945629

RE: RE: 50 JUST CROSSED UP THROUGH 200

RE: RE: 50 JUST CROSSED UP THROUGH 200LOOK AT THE DAILY ONE YEAR ON HND .... DO YOU HAVE LIVE CHARTING?

the short trading week may amplify the downside effect

I have been buying and covering hnd since january..... I sold all  yesterday @ 9.52 and bought 1/2 position end of day yesterday... backed up the truck this morning @ $8.85

You will see hnd lower than 9.50 to fill gaps but the trend is intact and we ain't going to see anything positive with tomorrows EIA report so this double top you are seeing is a technical of gas trying to break back up above $4.00.... it failed today and the golden cross confirms it for me

my 2 cents
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