HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. / {' y: N; _7 I" [! Q, ^7 \It is for short-term trading only. 4 e' _$ k3 T( B n1 d! _; A' B4 s U) I% I5 Y
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.