HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices." s7 J! t/ L$ `4 l$ p& l
It is for short-term trading only.* |) }# Z7 H1 N
8 i. p0 n3 y+ S v+ _6 L0 g' d% xLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.