HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices., ]1 B; }: b) Y
It is for short-term trading only.4 J# e% i8 o' J/ j
: [+ |5 k( t2 B( S" A
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.