HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. a; B3 t J$ Y3 L
It is for short-term trading only.8 n# W2 |3 z4 {6 t8 e" R
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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.