HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.+ O) I5 [2 Q0 ~" w# c
It is for short-term trading only. ( D) ?' _! w6 q: O" p2 r5 q# O- O( x: i' ~
Long term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.