HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.8 }8 z$ \ v5 `+ J9 k
It is for short-term trading only. 3 m {: a& U# ]) O [1 u" x% ~; R& c, x5 e
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.