HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.4 F8 ]3 C% L$ O' C" O
It is for short-term trading only. . e9 V. k+ z+ w7 |+ j! |- ?" \9 B 9 x: {3 Y1 E2 m) @5 WLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.