Of course i can't be completely sure about these things but the action in EV Partners has the feel of someone unwinding a position. Its down 2.50 on no news and only slightly above average volume.
MLPs along with big energy are doing better than the rest of the market which means they are down less. The index is down just over 1 point as it has been for hours. Could be worse on a 220 point down day.
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About Me
- 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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3 comments:
Amazing, 3 of my 4 MLP's are at the top of my list of 25 MLP's. Go ATN, CEP and EROC
Reading tee leaves
CEP is among your top choices? Admittedly they have been overdue for a dead cat bounce but I don't think they are MLPs for long-term positions.
If you're trading, then trade on!
As they say, in the maker there's a seller for every buyer. I'm up 27% since I bought in at the March lows. Thought its a screaming buy. The future will be the arbitrator.-)
reading tee leaves.
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