HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.9 r3 ~. I8 k# }3 Y5 N9 [8 [) W
It is for short-term trading only.& q: o: p6 {2 S5 a" I: V
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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.