HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.2 A$ h& q j/ u
It is for short-term trading only.$ W( a# ?& s" ~* m2 l) s1 f
5 l* O0 K8 i5 j# |2 W
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.