HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ' i' [& [( Y8 q i6 [3 zIt is for short-term trading only. . P5 | E+ e* ?; X# Q3 \+ [0 h6 d Z9 ^7 r- w7 S. f9 [
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.