HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. / v9 X) L5 d2 k' sIt is for short-term trading only.1 P9 y. R; Y# W5 o5 |9 g; B# Q
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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.