HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ' t% U, }9 ^+ k5 o7 `It is for short-term trading only.- h h; L; P- b1 X: a. E" Q4 u
# Q6 m( z6 R4 v& j6 B
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.