HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.) c Y$ g3 ~# {9 f4 j' ^5 Q) c" l
It is for short-term trading only.# B3 o( B R" T( G5 N8 `
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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.