HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 5 R* ^$ D F5 i R* Y1 DIt is for short-term trading only.- w ?0 l6 y5 i- i
& H" i4 H; C" I6 l# P* ULong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.