HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.1 A: A3 j+ d; L$ [
It is for short-term trading only. 6 s9 U2 ~$ p; s. A 8 @: O- Z' B+ c$ f) ILong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.