HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.+ R- w) P. r# {4 A& t6 U$ w7 l
It is for short-term trading only.. N! p/ u5 ]! \* f. F/ F
1 v0 h' p* c2 k. G( ALong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.