HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.) C9 n: w1 [/ t/ P$ v
It is for short-term trading only. 0 K+ d q4 p X/ J- z* U& ^' h % Y: I" w* W. z+ sLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.