HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. m3 _/ ?# v3 Z, \# m3 d
It is for short-term trading only. : l# b: F% G1 E. D' [2 X; f- Z$ a% E! V( h( s* R1 H
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.