HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 6 q8 h* V; z5 K0 D, c; i( i, KIt is for short-term trading only. & a5 m1 x5 L: z6 m; H5 F: j; n. x3 E: O
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.