HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices.* i4 Z+ y! J: A4 {
It is for short-term trading only. : f1 w( V/ U) u; _! U6 o* f1 Q T6 F/ {, f/ f" wLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.