HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.% }( |; m) x( E$ Y1 u, p |
It is for short-term trading only. # g1 @' T$ W" z$ Z- Y; n) K * o3 }" R% [) S3 d) T+ BLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.