HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.0 P z: D! O; ^* X
It is for short-term trading only.: z ~5 l, j& F/ _& }& e. C
: i+ y5 k; w8 U; HLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.