HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ' q+ }* a" x, G9 o t2 j8 N3 v6 lIt is for short-term trading only. [4 l9 E5 w9 Q5 ~ }( N5 M
, P0 x7 v# d+ `" `6 \) |6 t. T4 \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.