Thursday, December 20, 2007
When you look at the list of MLPS its the big caps that are down today and that accounts for the bulk of the loss. Kinder Morgan(KMP), Plains All American(PAA), Oneok LP (OKS) Energy Transfer (ETP) among the fractional losers of 50 cents or less. The smaller MLPS that have been going down for weeks are flat to even a touch higher like Duncan (DEP) Holly LP (HEP) and Nustar Holdings (NSH). The MLP index is down 1 and a fraction and near the week low of 2 days ago. It looks like they may be finally getting near the end of the super tax loss selling if they've shifted their interest to the bigger caps which have held up much better than everything else in this group.
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2 comments:
Its just an ugly day for MLP investors. We need a catalyst to get the sector moving. Any thoughts going forward?
maybe somebody should call cramer
and ask for a plug
lf
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