HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.( Z. m* H& \( J
It is for short-term trading only. 3 }9 A- a! C; h# _7 m : X: u+ v/ A/ N8 Q( A+ ILong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.