BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s): HNUZD

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 JonEcashon Nov 19, 2010 5:37pm

281 Views

Post# 17732439

RE: RE: Out!

I don't usually post here, but I really have to disagree with you granafirme. On a technical basis we are in a solid uptrend. Don't fight it, it's your friend. Pick a daily or weekly chart from any of the following: UNG, $NATGAS, HNU etc and I don't see any cause for concern.

Fundamentally, you say we have one more injection left. I'm guessing that's incorrect. News will come out on Wednesday, and it'll actually be a DRAW (not an injection), the first one of the year! Why would the price drop on something bullish like that? Add to that all of the other things that are going on and the fact that we are phazing in to January then I don't see how you can be in D?

Good luck.

J$

ps. I am holding 10K units over the weekend, and based on today's close, am expecting a gap up on Monday....

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