HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.. d5 k& N% | L- w
It is for short-term trading only.( w9 e8 }5 R' j/ D2 E6 j$ q+ A
1 G# Q. O: m$ k7 q1 V3 H1 ALong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.