HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 2 V" @7 F& ?' w. y5 f1 W& P |It is for short-term trading only.2 o9 s* O8 J4 d4 t( E4 {1 N. A
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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.