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Thursday, May 08, 2008

Of course its my never to be humble opinion and its slightly off topic but i think we're at a point where if oil keeps going up in spike fashion the stock market goes down and that includes big energy stocks...and if oil sells off sharply...then the market will rebound but big energy stocks will go down.

I don't know but this is how it looks to me.

3 comments:

Anonymous said...

Joe,

One thing we can count on- MLP's will go down regardless...

Mr. Pipes

Anonymous said...

What are people thinking about ATN at $42.5. At a 5.6% yield, its looking awfully expensive to me especially considering the capex going forward to develop Marcellus. There's also a fair amount of risk associated with the play.

Anonymous said...

Why not buy APL yielding 9%. You still get to play in Marcellus. AHD will grow distributions in double digits for the next few years, thats another way to play the theme.

Mr. Pipes