HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. $ i4 w- y. B( g* L! A, a& uIt is for short-term trading only.9 o* r) H# p5 ]- o
- P& M* T; ~+ P3 n8 ^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.