HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.1 M; C6 u" ~/ ^% c
It is for short-term trading only.1 k* y3 W3 Z2 K) O
8 N/ w- U. q' R. aLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.