HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 1 l6 @3 a& R8 BIt is for short-term trading only. , R: M$ \" e Q2 v$ Q3 }6 J- u/ D9 P; U7 N; \% x0 ~
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.