BetaPro Silver 2x Daily Bull ETF T.HZU

Alternate Symbol(s): HZMXF

Metals & Mining Silver

HZU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times 200 Percentage the daily performance of the Solactive Silver Front Month MD Rolling Futures Index ER the Underlying Index, Bloomberg ticker SOLCSIER. HZU 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 HZU 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 rises on that given day. Conversely, HZUs net asset value should lose approximately two times as much on a given day, on a percentage basis, as its Underlying Index declines on that given day.

TSX:HZU - Post by User

BetaPro Silver 2x Daily Bull ETF

Bullboard Posts

Comment by Stocksnchartson Apr 21, 2012 11:09am

234 Views

Post# 19819740

RE: Thinking to jump in right here

I was expecting Silver to bounce stronger last week along with SPX, but it only managed a small bounce. It is really flat right now, but pay attention to Silver when it is quiet like this. Volatility is about to pick up.

Let's see what it does on Monday. It can still bounce first, but may not bottom until $30 to $29.50 or so. However, the next high for Silver should occur in June around $38-39 from my cycles.

So it is just about time to get aggressive with Silver.

SC

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