HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.9 m6 N5 [& L5 m" s) @
It is for short-term trading only. ' \8 w3 T8 w4 i* H! {- i# ?: p8 }( v* i0 W- h- _9 y
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.