HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.) j; L Z' i" Q" D% r1 N
It is for short-term trading only.+ D! w0 }4 e; b, k( O/ t
6 V) x0 h" k- I( m5 }; {: T
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.