HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.& c, s" \7 S6 M* y
It is for short-term trading only., H5 F: a* }- V r2 g
, R' `( f; s4 u1 J* s+ JLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.