HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.% ]2 O8 Y8 ~ s6 W
It is for short-term trading only.. n; q+ t& H6 e3 ?; L% T1 E
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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.