HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. . X5 v- k, c5 z. J* \It is for short-term trading only.+ E( f2 e5 c2 K+ e4 U$ d1 h
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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.