HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ! H! i% {, h3 }% j# v3 lIt is for short-term trading only.% ^- D# r1 V8 J( O
6 u4 G! b( C! w' v+ pLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.