HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.0 L; t& c2 ~, S' {7 d( k( j& L
It is for short-term trading only. w, w* j$ y6 B- w; A( _& a
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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.