HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 0 M4 C4 K) Y! DIt is for short-term trading only.* }2 U3 L& f" z5 Y3 ^0 W
. N U* [# N7 U
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.