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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

Comment by markvrdon Sep 01, 2011 10:55am
122 Views
Post# 19002447

RE: RE: RE: RE: RE: RE: D is dead

RE: RE: RE: RE: RE: RE: D is deadAnything is possible.   Triple digit builds would be NEEDED to get back to anywhere near last year's levels or even about the 5 year average.   Again, watch the red line relative to the bounds.   It's heading to the bottom end and has been going that way a while.  

The board can go on about "bear traps" and similar banter forever.   If the production isn't creating enough of an inventory relative to past years, the prices are not going to drop.

Hurricane damage may affect consumption but I think the effects of lost nuclear generation could be wider-spread than the lost consumption.   Hard to say for sure -- I think, however, that there will be a balance.  

Anyway, I'm back to trading the upside.
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