HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.; M+ J/ X1 a7 E2 W# M w
It is for short-term trading only.4 b, p% g7 e8 O
: ?; p1 t; w4 ?4 uLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.