HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. " t3 o4 q( A; r- U( bIt is for short-term trading only.* F6 \0 L% m" z* V; i
! \# \5 V J, ~4 o) O. e% e. QLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.