HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 5 k" O# w% K$ aIt is for short-term trading only. 0 I* {& T% q& j! t: a: e1 {; z; l5 h+ f! S! e9 c( V, ^0 U2 H( @
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.