HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. ' I" y0 S3 @" B9 `5 S% dIt is for short-term trading only." Q3 B7 ?( {6 }" b/ x
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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.