HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.. y- e8 {" G4 f; c+ n
It is for short-term trading only. 0 t) u# {' v1 ~3 c* ^6 h- }4 q7 E& q8 y5 u, U& F
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.