HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.4 ^5 E# o1 K+ ]3 Z6 _, b
It is for short-term trading only./ t i$ t( U. p7 b: e" q5 ?
) h3 {/ M s: a M
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.