HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ( w3 b# a9 [. ^/ UIt is for short-term trading only.2 S2 P5 a. ?* R4 N# [+ g
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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.