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Thursday, July 05, 2007


Sorry for the lack of posts today but i worked an overnight/early morning shift and whenever i do my hair hurts and my teeth itch. That being said the MLP index is up 1.02 and a close here puts us at new all time highs and another potential breakout on the charts. Lets see where it closes but we could be at the beginning of another upleg.

3 comments:

Anonymous said...

10 yr yield coming on strong last two trading days. Won't that interfere with an upleg?

joewxman said...

you would think it would but lately these things are in a world of their own. 5.25% needs to hold. I think as long as it does we should be okay but if that goes...all bets are off.

Anonymous said...

the proposed so called blackstone tax bill has included other partnerships such as oil and gas pipelines... what do you think?