HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. * \: ^# w/ W( z' w% F# PIt is for short-term trading only.5 |! n5 W3 G& @% D: Q! d) n
2 ~' C- x3 o/ q' P h. YLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.