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Thursday, October 04, 2007


Running now above 294 up 3 points on the day!

3 comments:

Anonymous said...

bought a little of tpp. Hope this isn't a dead cat bounce

Anonymous said...

Bruce,

That would be a nice question to answer, why the run in MLP's today?

Did buyers realize that the tax change will have no affect on MLP's, especially since Schmuler admitted it yestarday?

Did the jump in Nat Gas cause the jump?

Is it a valuation play?

Is it TA play?

Best,

Louis

Anonymous said...

I dont think anything had to do with taxes. Total red herring. Huge overhang with insitutional selling and these got super cheap but illiquid so people have to pay up to get back in in size.