HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.8 `' W3 z* T0 K, x: u. m: K+ e
It is for short-term trading only. : n% Z' _& w+ m5 q1 C( T( i# M/ T8 h- B" ]: n0 J
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.