HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. & P! |- l7 B U' |" ]) g! oIt is for short-term trading only. * i/ S! ~+ w# V, ]/ \* e5 N8 Y" I' S, |' |! w& y9 \5 k- g$ m9 Y
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.