HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 3 c3 T' J/ _/ B5 Q' ]+ m$ pIt is for short-term trading only.- ] b, Y r. q
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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.