HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices., k5 o: o# a8 ^1 [% O0 H
It is for short-term trading only. & v |8 p3 W5 P8 } {2 \4 u $ I4 q0 L. i H9 H, Q P# X# g- zLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.