HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.: n3 M6 }/ r) b9 e. ]7 Y
It is for short-term trading only.& o5 N% {; D! z) r6 e$ |) F
8 |- R6 I5 r7 s) \$ aLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.