MASTER LIMITED PARTNERSHIPS

Thursday, July 24, 2008

More reasons to drive prices lower. Targa Resources (NGLS) boosts its distribution by 23%. Sorry for missing this yesterday but sometimes stuff falls through the cracks.

7 comments:

Anonymous said...: Just tons of sellers on every uptick, piece of good news, distribution increase, upgrade etc. No matter what the news is, there are plenty of guys willing to sell...; 7/24/2008 9:54 AM
Anonymous said...: Well that was nice, MLP's managed to rally for 30 seconds this morning.

Now back to our regularly scheduled programming.; 7/24/2008 10:00 AM
Anonymous said...: BGH just cannot come up for air.

Lehman still selling?; 7/24/2008 10:11 AM
Anonymous said...: When you purchase an MLP you need to be aware of the fact that you only participate in the markets downside. It can be any market: crude, natural gas, stocks, bonds, even pork bellies. If any market anywhere on earth goes down, MLPs will go down. Conversely if any of those markets go up, MLPs will still go down. So by purchasing an MLP you are 100% guaranteed to lose money.; 7/24/2008 10:29 AM
Anonymous said...: Are you guys trying to make me laugh ? It's working.; 7/24/2008 10:41 AM
joewxman said...: you can only laugh when it gets like this! And that market view of mlps going down with pork bellies was hilarious!; 7/24/2008 11:16 AM
joewxman said...: Barring some sort of miracle i think that 262 level gets taken out and we go back to the mid 250s. Thats the point and figure chart target so why not let it be right for once.

i'm going out for awhile instead of watching this doom; 7/24/2008 11:26 AM