HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. . V5 S5 z$ E+ e l( KIt is for short-term trading only.+ |: y8 _1 \) I z. Q
6 w, s [# Z( w. d% C8 l1 G# gLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.