God its awful. Can't buy an uptick. The MLP index is down 5 points. Long list of losers especially in the coal MLPS which are getting nailed to the wall this afternoon. The towels are getting thrown in.
Meanwhile Spitzer to resign according to WNBC! Glory and praise!
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- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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5 comments:
Maybe you can blame late day MLP collapse on me. I sold my entire MLP portfolio. Over seven figures.
I've had it
The only thing one can do now is just get the hell out of the way. This market has serious issues, most of them credit related, which is spilling over into everything...
No point in trying to pick/find a bottom.
Some people will always sell at the bottom. Count on it.
only losers sell at the bottom............thats what people were saying in July 2000; then July 2001, then July 2002. Just a 40% haircut. BTW..dow up 150 today; AMZ only down 1/2%. This thing is making lower highs and lower lows, but thats a good thing , right?
It looks like an up day to me, AMZ included, what are you looking at ?
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