HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 0 B" c$ w6 v% l0 _, qIt is for short-term trading only./ a5 ~9 m2 n# s$ Q9 s. Z
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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.