HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.& L, [. {" {& `3 q9 @* J
It is for short-term trading only., t: _/ G$ n% x0 p7 L& Y
8 \& _5 ^2 `) ^9 K4 w% rLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.