HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.$ R8 o- S: k" T* b, r( T
It is for short-term trading only.! S0 Y1 S4 ^5 J. K& D. z- W: [
7 B9 e. l; ?9 @5 B; ?" w, {8 }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.