HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.3 N# y6 N K- k9 F0 ], W1 U/ s& m
It is for short-term trading only.; V6 z! s5 T! s8 ^- N k& y. R
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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.