HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 7 A' s8 k: c1 bIt is for short-term trading only. * _" t$ s5 h# V5 X' Q) b; _6 d3 @
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.