HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.# D# A/ M3 a% K! U% W
It is for short-term trading only.0 `4 _ r8 q$ i$ F! d
' n2 [5 H) R' g! d" ^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.