HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.4 u! a5 A+ e& e$ {2 p& b( b
It is for short-term trading only. - E0 [6 z% R3 I3 C; b! X 1 H0 |# }6 _9 w& J# ~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.