HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ) I0 _% O, q7 }2 R- J7 vIt is for short-term trading only.1 ]* h- C0 p& u: z; s
5 I2 Z9 Z& C' xLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.