HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 1 H% q: t: K+ X8 YIt is for short-term trading only. H( F0 i2 V- s
7 Q" i3 c0 n3 F0 Z" jLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.