HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. / `) A$ P P* x& ^It is for short-term trading only.( \- r1 P# J& N+ n" t
! K* y7 ^. `- j, @& ]% m. j; @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.