HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.( z3 {# K7 d: b) S
It is for short-term trading only.- Y3 ]3 K( D) R6 A ^+ ^ V, F3 r4 \3 Q
' u6 o8 \, Q0 V {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.