HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. . G" T, w" r2 I c! L9 eIt is for short-term trading only. # n. M$ c8 d3 M; z/ ?- B8 M7 }& X1 G: M) U% A1 }* j1 D
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.