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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 Barolo12on Feb 10, 2011 2:27pm
660 Views
Post# 18110935

how low will ng go?

how low will ng go?I have been on the sidelines for most of January and have a bear bias towards NG.  With ng now breaking below $4.00,  what are the downside support levels?   I have heard $3.80 and then $3.50. 

Right now I see very little on the horizon to indicate that ng demand will increase significantly or that the supply side will decrease over the next few months.

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