HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.8 ~1 c, K X" b. e! B! s$ P' F
It is for short-term trading only. * ]! k. a/ D) `, M: }/ S1 e! @$ D7 `
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.