HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.2 e- E) V7 ^4 p8 s" b! G4 B
It is for short-term trading only.1 J; n" z3 Y5 Z% [" k
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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.