HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. & t0 D# P/ `1 o* r% _It is for short-term trading only. - W! m" t. R0 ~; e0 c1 q" i$ z' c% C5 l# e4 H
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.