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Friday, March 16, 2007

END OF THE WEEK..ANOTHER ALL TIME HIGH
CPI LOOMS LARGE THIS MORNING
AND ETE GETS A DOWNGRADE!

Friday is finally here and the CPI number awaits this morning and that will be a market mover. We in MLP land start the day at new all time highs as our defensive nature continues to attract money.

UBS has downgraded Energy Transfer Equity from buy to neutral. The chart has been nothing short of stellar. A pullback to the moving averages would provide an entry point imho.



You can now access this blog at Masterlimitedpartnerships.net so bookmark it for those times when blogger.com has issues.

This is an early post and i will be adding to it.

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