HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.: }+ F' z+ Y4 d* R7 _( K
It is for short-term trading only.8 h/ k- \' A; J& R3 p; D" }
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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.