HOU is very much NOT a long term investment because of the Double Leveraging and because of the volatility of CL prices. R9 X9 e6 M; X0 j. \4 { M* rIt is for short-term trading only.# B3 F% V8 {! D
+ i+ g W: t# j8 mLong term oil bulls who want to buy and hold are better off buying quality E&Ps or the XEG, or NYSE:OIL, not HOU.