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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

BetaPro Crude Oil Leveraged Daily Bull ETF
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Comment by stockabcdeon Jun 05, 2010 8:50am
538 Views
Post# 17161198

RE: Are we safe at $5.92 average in.

RE: Are we safe at $5.92 average in.Trading 101, buy at support and sell at resistance....so why buy when support is broken?  You wait till the next support which I suspect is around 68-69.

If I were holding a position at 5.83-6.05, I would get out if there is a back test of 72.50 but I would watch Euro and Shanghai index Sunday night, especially Shanghai index, if it breaks 2500, it will not look good for Monday.
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