HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.- G) E L) w% N7 m: y$ c3 z
It is for short-term trading only. - S+ ~* L2 w" U; R( l 6 ^6 r) ]9 F' D. K2 T1 z) zLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.