HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. + a# V; M2 {" ^9 q' J% ^; {3 m/ [' cIt is for short-term trading only. # _; H5 V0 o$ }+ o$ q % F5 k; l8 ~+ |& l- s4 E5 U5 ULong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.