HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. + p: n1 t' I6 q E# S+ x" hIt is for short-term trading only. 0 v/ t e8 e( w. B. \# B/ i5 N6 H% e' k1 e- A
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.