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BetaPro Silver -2x Daily Bear ETF T.HZD

HZD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the inverse opposite of the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZD is denominated in Canadian dollars. Any US dollar gains or losses as a result of the ETFs investment will be hedged back to the Canadian dollar to the best of its ability. The Fund If HZD is successful in meeting its investment objective, its net asset value should gain approximately two times as much on a given day, on a percentage basis, as its Underlying Index declines on that given day. Conversely, HZDs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index rises on that given day.


TSX:HZD - Post by User

Post by Time4TAon Apr 14, 2011 12:59pm
209 Views
Post# 18431635

Time to Short Silver " Near Term"

Time to Short Silver " Near Term"Just Picked up a Nice Position Today @ $5.55. Silver has gotten very overextended....
Shorts covered a Few dollars Back because of Pressure Put on by Longs. At this Level the Shorts will assert a Good Battle for the Longs for the next few weeks.. Silver should correct below $39

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