HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.7 T E/ d# ?0 z3 T& \
It is for short-term trading only. 4 Z: q2 M, p W- \. I/ z: S; _5 \7 q8 i( i, |" f
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.