HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.* _+ M( l7 O- x: e: A
It is for short-term trading only.' y/ k% z$ i) |% C5 z: X3 u3 I
9 S* u0 H6 t: b% S6 gLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.