HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 2 d8 B9 L t/ U: B) H: d* HIt is for short-term trading only.7 Q2 D# J/ @1 k) D& [
7 D# r$ ~9 X1 k2 N
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.