HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. : m! w- F) ^3 G& y( ?& ^; `5 B" c, f( BIt is for short-term trading only.0 R) G0 v1 [6 D- w, g% K
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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.