HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.' o, B" d( P4 c- H! h( Q7 N
It is for short-term trading only.$ \2 ?' f: m4 Y. A( G9 ~; l
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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.