Selling off in the last hour. The MLP index is down 2 and the list of winners continues to shrink as only 12 LPS or GPS remain higher. Both Hilands (HLND,HPGP) are up 75 cents apiece. The distribution had better be increased in these 2 otherwise there is alot of air in their prices.
Dow down 172 and at the lows of the day...as is everything else.
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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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5 comments:
OMG-
It is the end of the world as we know it.
Okay, NOW is the time to short the MLPs and go long on the XHB.
Really.
No, really.
i don't know if its time for that yet.
looking at water temps in thr gulf of mexico and the southern atlantic plus the wind shear that has not abated for quite awhile,it may be sometime for conditions favorable for a serious hurricane to affect gulf nat gas fields.I'm waiting also to go long on ung
no surprise conditions have been unfavorable..but that will change soon.
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