HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.3 H9 w- `( _& t
It is for short-term trading only.8 v1 S) C% u! Q& [
, s5 u) ?' J+ B9 |9 Q8 |0 G5 }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.