HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices., w5 Z; s/ k' Z) ]8 I! o* V
It is for short-term trading only. 2 A9 n7 T' a) @% D. p+ d, |2 b* {/ U$ E% f# O0 ~
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.