HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.4 I4 d! W0 N* a* }& ?" S
It is for short-term trading only. % K V) X Y- ]! X/ { $ w: h: I6 ]$ b6 `, bLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.