HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices., B) b8 R/ @4 `) {) X" v
It is for short-term trading only.- D1 R0 i1 i$ l! @, f
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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.