HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. & F( Z8 S3 g; d$ w% W; aIt is for short-term trading only. # g( C0 ~$ o4 [2 K7 `6 e9 J4 Q+ r, X O. @( ~6 e
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.