Energy related stocks are selling off hard this morning (outside the MLP group)...it has not spread to the MLPS per se' although some are down and ATLAS PIPELINE was down 1+ before rebounding a bit.
10 year at 4.67% and as long as that continues to rise it will put an upside cap on prices. But distributions are growing at a fast rate which probably takes the edge off.
Hiland (HLND) should be pricing its offering perhaps today.
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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3 comments:
Joe,
Did you see this about XTEX?
"Re: XTEX prospects
by: tomcrb 11/04/05 12:26 pm
Msg: 180 of 180
I`m waiting till it hits 32 again-it may not be too far down the road. "
Agree?
You still long on your earlier buy?
I'm still hanging on to the small position I took a while back.
Carlos
its hard for me to believe that XTEX will drop to 32 while XTXI which appears to have broken out to the upside chart wise would diverge that much.
at 1.96 over 32 would be a yield of 6.12% which for this grower would be a bit high.
I am long and have actually been trading in and out of a small position daily for the last week scalping mortgage money!
Thanks, Joe.
Scalping mortage money sounds like the thing to do!
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