HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.9 G) C J4 k1 ?. j- l/ D2 U8 j
It is for short-term trading only. ; }2 K+ }7 Y# U 3 d$ n' o6 T1 z' I: F0 LLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.