HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. C7 E/ M2 d8 ?0 ?! S
It is for short-term trading only.! C2 D+ J, w( o
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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.