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Thursday, June 26, 2008

Back to the top of the range on oil as the USO went from 110 to 112 in the blink of an eye. The crude contract is back to 138 and change. I guess i shouldn't leave the room.

4 comments:

Anonymous said...

I am buying ETE here, this is just stupid. It will yield over 8% on next years distribution.

Anonymous said...

wow. KMP and CPNO are really getting smoked on heavy volume. someone is cutting in a big way.

Anonymous said...

I'm a buyer. If the fed is going to keep rates artifically low, I want yield. PPI is storming higher and mlps will get a ~7% tariff increase next month. Let everyone else panic, I will put some money to work. The capital markets are still open for MLP's as recent deals for NGLS, APL, BWP, etc have shown. I don't care about the day to day 25c moves. There is deep value here and at some point the market will realize it.

Just one guys view and I may very well be wrong.

MR. Pipes

Anonymous said...

We have a government and Fed living in denial of the facts. Inflation is storming higher. They are trying to save housing (aka the banking system) and allowing everything else to run wild. Long term this is a disaster for our economy.

How it effects MLP's-I have no idea.