HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.- u* l7 @" U! s$ h/ ]' \7 m
It is for short-term trading only.- w c. |* Q0 M/ ^' ^1 ^* a2 a0 Y
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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.