HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. , I! w( X) g0 d+ Z, _' T' v. mIt is for short-term trading only. # ~- p2 U) R+ x ~2 r$ J2 F- Y' k
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.