HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. - r" Z& p/ a2 ?& H& KIt is for short-term trading only., r; V9 [8 }( x& G, M
/ K( f0 [1 H1 F# q/ A& Q+ V6 wLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.