HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.$ g4 ~: u: C6 J: v; ?0 m4 Z$ R
It is for short-term trading only. 4 t r' Y% n0 d& _3 R/ c! V * k" X' h8 W6 u; {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.