HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.6 u% N! ?) o" K7 s2 S9 x/ R
It is for short-term trading only. " M+ {% N! f1 n; o/ H+ \- Y7 c! F, G% ?. u! m# P9 J; e; v+ O
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.