HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. J- T! _+ ] h) S
It is for short-term trading only. . j* Z; D: O' W4 W8 t" J" P- _7 G' q& s2 [
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.