HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.0 ^7 O% L) k/ H+ P0 J+ x8 H
It is for short-term trading only. , |1 O0 U' m7 e, Z6 m6 V f" h& H/ j) d; W- q7 |; _
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.