HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.8 f3 k3 [$ l+ r, y; E$ }3 j C3 N1 n8 J
It is for short-term trading only. 1 y0 X+ f7 j4 ^& x3 | & P/ @, F$ ^9 k% bLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.