HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.9 I( |9 }* j4 K7 C0 `8 x
It is for short-term trading only. / z V+ d7 ~* o W; H$ a* a- O5 ~2 T7 m1 {7 u
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.