HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.. P) c, \1 l* E, u8 C: [
It is for short-term trading only.6 M6 q% G P! U/ O* @
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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.