HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.- P# b [+ n+ s, D. t I% Y
It is for short-term trading only.4 d& m6 }4 |' U; _! ~$ h# z
- T" n6 Q& R& ^, ]7 |$ `# y' W
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.