HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.4 I e8 T3 E& P/ y
It is for short-term trading only., Z9 ~: F8 A" T
3 f# ?0 ?% @% {7 |' ]1 U# P" b( bLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.