HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.4 M. E% n* v3 k# F, ~
It is for short-term trading only.$ E6 d, I1 q0 }( I4 C
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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.