HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. % v4 b9 q4 M0 p! P& _It is for short-term trading only.5 v% e& C* Z- r* p
4 n$ K6 h# L& Z/ u9 K$ s' |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.