HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 9 b& R9 p5 z' sIt is for short-term trading only. * M% K% s' H' q$ k: ]3 b' {! J; F7 z1 C" D) s
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.