HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices./ @1 d. |2 m4 y: y: ?6 F
It is for short-term trading only. # t' p6 \0 i# P3 d3 w4 \5 k" z8 a; M' |0 L, v
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.