HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ! P) }6 |# r% ]# L, Q; }8 J4 R0 u1 X2 `% RIt is for short-term trading only. # @9 J' A3 r) q. J8 h5 q( @+ H7 i. i- W: ?; R
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.