HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 6 i/ n5 F6 C8 I. c: V' I# @It is for short-term trading only. / h. l$ G* E5 |: n9 n+ \7 z! v9 A; S
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.