HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. * x$ f2 V% x2 s& z7 n# Z3 }It is for short-term trading only. 5 x# ~. T4 Q, v4 c/ f0 [; }% S& E5 Q% { U
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.