HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.6 u+ t" c# C0 j, h' e- b
It is for short-term trading only." o- e6 P& T" o
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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.