Wednesday, September 3, 2008

Long Weekend's Hurricane Miss

What happens when a hurricane expected to cause massive damage to the U.S. Gulf coast over the Labour Day long weekend ends up having little effect on the coast's energy infrastructure?

Tuesday's closing prices of some Horizons BetaPro ETFs:

-17.96% NYMEX Natural Gas Bull Plus ETF - HNU
+18.47% NYMEX Natural Gas Bear Plus ETF - HND

-9.58% NYMEX Crude Oil Bull Plus ETF - HOU
+9.26% NYMEX Crude Oil Bear Plus ETF - HOD

-11.57% S&P/TSX Capped Energy Bull Plus ETF - HEU
+11.48% S&P/TSX Capped Energy Bear Plus ETF - HED

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