HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 3 T% h. j% J5 lIt is for short-term trading only. 8 o2 u) b% c& V- T3 H! _8 P% _; w# R( }
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.