HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.6 h% T1 d0 |* g j2 u; ~7 J
It is for short-term trading only. 8 }7 |; |+ h& b2 w! _) W+ O$ F8 S6 H 5 ?3 t) {! G% l! f3 BLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.