HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.' I3 u% J( u, K
It is for short-term trading only. % v5 c) o+ w% ]/ Z, L P 7 Q+ i: F* n1 ~% [- o+ k) kLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.