HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices./ D) V" D/ w, `: a- n
It is for short-term trading only. : ^: u! `+ l2 O8 y4 T, r# \" E: O
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.