HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. : ^* e6 U5 s* D, S! ~* g. \It is for short-term trading only. ' a6 i& t% j! ~# a- T, n. v" v% w4 O1 H
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.