HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. $ f K: L- y) v$ ]8 VIt is for short-term trading only.0 Z; m/ v6 C. n* ]4 t& S4 @# J
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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.