HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.; U& U7 j: g- O4 S9 s
It is for short-term trading only.( }1 M- c9 p) v9 U" ` @
8 S9 @7 O; T& y7 sLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.