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Wednesday, July 09, 2008

Still up 4 points on the MLP index as we head into the close while everything else implodes as apparently the world is coming to an end. Dow down 220.

I guess in an end of world scenario....it might be handy to have a gaspipe.

3 comments:

Anonymous said...

Yep, looks like the broad indices are heading for another leg down.

I'm crawling back into the bunker. I'll assume MLP's eventually go lower...

Anonymous said...

Buy AHD

Anonymous said...

Well, hell's bells, you've gotta love that! The Dow tanks 236 pts and AMZ is up nearly 4! Even the much maligned creature from the deep lagoon, BLP, managed a positive day, albeit with a less than an earth-shattering 23 cents. But that's 23 cents in the right direction and we'll take our pleasures wherever and whenever we find them.

I confess, I just do not understand this market. But to the question of "What's wrong with MLPs?,” Morgan Keegan answers that succinctly in their Q:3 outlook report on MLPs.

Is it legal for me to post it here? Even if it is, I'm technologically pretty challenged so I'd have to just do a cut 'n paste or something equally tedious.