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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

Comment by kerbaciouson Apr 25, 2011 6:17pm
190 Views
Post# 18485294

RE: RE: RE: Over bought -short

RE: RE: RE: Over bought -shortYou got that right.I was feeling cocky thursday friday last week.Took a positiuon aveage 4,71.When I saw the tap of 49.70 last night I almost pooped me pants.This morning the though of sell open was there.I waited took the exit at 4.55 with a loss.Its hard holding this for a trade overnioght when all  you can do is watch...Seeing it go from 49.70 to under 46 might be a correction anyways.......For now will watch this one.Be nice to silver stocks react at some point...
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