HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.# I0 {/ J% Q% B, b1 |
It is for short-term trading only.6 ~3 W) a8 b+ Q( E( m$ W
) J0 W% Z- r n. ]: c* F9 z# sLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.