HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.# p% i' c4 ?; E0 Q. n
It is for short-term trading only. * W4 H6 K6 A' r7 ] s; O- s! E/ C% W& P
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.