HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.+ N4 G* l% n; h
It is for short-term trading only.* @; i* u- P0 h, m( l5 t. M3 b
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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.