HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices., [! P! ~6 D$ t5 w& h! Q& q
It is for short-term trading only.. D N; l0 x: k! Q" ^, V" p
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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.