HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.* J8 p8 `0 h+ f
It is for short-term trading only. - m& T3 n9 I; f" B' B. A& k. w/ N6 } f* e2 G) e
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.