HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.2 @# F% a8 \0 M
It is for short-term trading only.; J$ W2 w! O" {1 ~$ z
& a) l/ N1 G' Y5 O8 xLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.