HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. : q \$ E3 G& V# dIt is for short-term trading only. # `8 c2 o$ b4 `" u9 W: O' t0 B, s. F3 `; P3 i# _/ K9 Z' r9 p
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.