HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ) f7 T3 `4 b b; x3 g6 M, y% ~It is for short-term trading only. ' f9 Y' J4 }1 Y; Y" i& ^# U' ?/ L4 O' x5 Y0 q# B
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.