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Thursday, November 01, 2007

DOWN WITH EVERYTHING ELSE BUT LOSSES
GETTING CUT IN HALF!


Sorry for the late first post but i had an early doctors appointment. MLPs were down 3 points on the index at their worst but now we're down just 1.60. The chart continues to look constructive as we are beginning to see the moving averages cross over which is bullish.




Penn Virginia Holdings (PVG) saw a 2 point drop at the close yesterday for no particular reason and now we're back up 1.25 to 34...getting back half the loss. Williams Partners is down 1 and change as it posts earnings. It is also buying assets.

We seem to be holding our own in here. Anyway it could be worse...you could be in Citigroup.

3 comments:

Anonymous said...

You're right. I am in Citigroup, and it is worse.

Anonymous said...

Me,too. OUCH!!!!!!!!!!!!!!

Bruce

Anonymous said...

It could be worse than C - you could be in WaMu like me!