HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.# N, m* e* G e6 R
It is for short-term trading only. Q9 N) w4 ~3 j; Q4 A
; b$ S4 f \0 j/ ^3 f3 e5 |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.