HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. / V6 b# ?5 R6 y9 {! \& [It is for short-term trading only. * M, Q! n& `1 {4 j4 J6 l! R9 k; @0 r; D% }" N$ f
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.