HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ) R& j& Q* ^7 w1 R VIt is for short-term trading only. ! s5 z/ m4 l8 D1 e4 L" Z8 ~& m, F- a3 K% T$ v" W
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.