HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. 3 T0 t' s$ N2 ]2 o; U# WIt is for short-term trading only. ; ^- f2 l/ ?5 t' Y* i % p& U& B; w; J6 X7 r6 ?5 oLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.