HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.! P! o4 g8 d* @$ o! R X
It is for short-term trading only. $ x6 P N; O; D+ @! ]7 L5 \0 P& i3 G. [
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.