hou dec 16 2014HOD dec 16 2014

These are the Horizon(H), Oil(O) Up or Down products. Leveraged 2 to 1 they are each others twins. If you believe that going short is unnatural these products provide a good solution. Now the D is going up and the U is going down. Quite a move so far and the RSI’s are either overbought or oversold. We are in the vertical stage for HOD which does suggest that we should be close. Interestingly, the some total of the two is almost constant over a wide range. If you have both in your portfolio you are doing something wrong.