HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.9 B3 \ x) B; c, A5 [* U" R
It is for short-term trading only. & i: S: z2 _- M% T8 X) D% T8 V E* D* c8 w% d' |! K1 H. K+ U
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.