HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. Z& q& ?' B6 F% sIt is for short-term trading only.) R" [% V# U' C+ @6 Y& i; ?+ _
$ m& q4 c0 h" g- J0 A* `3 ~* H, M, w7 QLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.