HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.' f) D3 a; j: S9 A! Q# n/ |7 y* V
It is for short-term trading only.- k: ?6 x/ p3 K/ F" K# F
* H) J2 ^$ p9 \/ j
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.