HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ' }% x- q4 [! l1 a5 A* E lIt is for short-term trading only. , J( ]7 V' @. e# g % I) x% {( U( H5 g6 w0 SLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.