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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s 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%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Comment by Saturn4on May 26, 2010 1:23pm
345 Views
Post# 17132864

RE: Get some confidence guys

RE: Get some confidence guysIMO this rally is a result of the OECD raising its GDP growth forecasts for 2010 and 2011.  The U.S., China, Eurozone all have been predicted to grow, although some individual Eurozone countries may not ... but overall a good growth forecast.  Sort of takes the legs out underneath the bears who were persistently hammering the Euro "crisis" and possible contagion effect onto the U.S. etc. etc.

So, now we have a global economic organization saying the world economy will grow, reports of N. Korea preparing its military for war gone out the window, and excellent economic news coming in from the U.S. -------------  Dontcha think this rally might last a little longer then today?  I think so ....  But then again, who am I?  No one can predict WTF is going on with this world, let alone a specific stock(s)... Do your own DD ... Im just saying without really knowing ... Good luck!
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