HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.5 s3 {8 l. s! ]2 e4 ? l. [+ k
It is for short-term trading only. , e+ k5 h( o/ z# Q- q ; [. y( N3 g1 s8 m ]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.