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a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
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I was guessing that the bigger than expected rate cut and notes by the CNBC talking heads that "it has never been one [cut] and out" would spur the MLP sector more than it has.
I was also betting that the bigger than expected cut would suggest to some that the economy is expected to do relatively poorly in the next 18 months. Thus, shouldn't MLP's be in "Favor", especially at these valuations?
What am I missing?
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