HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ! N' S) P0 d) u; s) v8 VIt is for short-term trading only. + ]8 I, g4 Y5 c/ ^- ]7 y; Z/ l: ~
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.