HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.2 F( W" X# X, u. r
It is for short-term trading only. 3 ~: Y/ Y1 w* U8 G& ~ 8 q0 c+ U4 }( U" d+ 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.