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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

Post by lalabuzon Sep 28, 2010 10:07pm
435 Views
Post# 17504578

Bubba where are you?

Bubba where are you?Tell us we'll see $3.25NG before we see $5.
You have been calling it pretty closely for the last couple of months and the way it's been behaving lately reminds me of the time several months ago when it couldn't stay over 5 bucks; so maybe we're at the same place; can't stay over 4 bucks?
It seems many here have loaded up and are hoping that previous years data will come through again (soon?) and that  we will once again be off to the races.
Personally I've been playing it both ways taking small profits playing U and D, often, not building or holding any position for more than a day, sometimes two.; can't really see any reason for major moves in either direction, other than the regular Thursday jerk fest, which I sometimes ride once it gets going.
So, what's your take for the near term Bubba?
Regards,
Lala
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